News
Year-15 Disputes in the Low-Income Tax Credit Program, Aggregators, and Their Playbooks
©2023. Published in Journal of Affordable Housing, Vol. 31, No. 3, February 2023, by the American Bar Association. Reproduced with permission. All rights reserved. This information or any portion thereof may not be copied or disseminated in any form or by any means or stored in an electronic database [...]
Year-15 Disputes in the Low-Income Tax Credit Program
©2023. Published in Journal of Affordable Housing, Vol. 31, No. 3, February 2023, by the American Bar Association. Reproduced with permission. All rights reserved. This information or any portion thereof may not be copied or disseminated in any form or by any means or stored in an electronic database [...]
Year-15 Disputes in the Low-Income Tax Credit Program, Aggregators, and Their Playbooks
David A. Davenport and Samuel T. Johnson, Year-15 Disputes in the Low-Income Tax Credit Program, Aggregators, and Their Playbooks, 31 A.B.A. Journal of Affordable Housing and Community Development Law 59 (2022) The federal government’s Low-Income Housing Tax Credit (LIHTC) program has been exposed to a troubling trend in recent history. The [...]
Federal appeals court rules against investors in Boston low-income housing case
The U.S. Court of Appeals in Boston on Wednesday ruled that a Denver investment firm failed to prove its fight with a South End housing nonprofit belongs in federal court. “Refined to bare essence, this is a dispute over a contract,” the three-judge panel said in their decision. And that [...]
1st Circ. Tosses Dispute Over Nonprofit’s Housing Credit Deal
By Theresa Schliep Law360 (October 14, 2021, 6:27 PM EDT) -- A suit from an investment group contesting an affordable housing not-for-profit's efforts to purchase a housing tax credit project was properly dismissed by a Massachusetts federal court, the First Circuit said, ruling the lower court lacked jurisdiction. A [...]
In Big Affordable Housing Lawsuits, Boston Firm Nixon Peabody Is Taking The Side Of The Investors
The Boston law firm Nixon Peabody has built a national reputation in affordable housing — advising nonprofits and developers, churches and housing authorities. The firm boasts lawyers who’ve had a hand in “every major federal affordable housing initiative in the last 40 years.” But Nixon Peabody also has become the [...]