Housing Nonprofits Push Congress to Ease Investor Tax Credit Fights

By Samantha Handler Recent high-profile court decisions favoring non-profits in disputes over who can buy Low-Income Housing Tax Credit properties after all the tax credits have been collected aren’t enough to fix the problem, affordable housing advocates say. Nonprofits are pushing Congress for a legislative fix to clarify the [...]

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 [...]

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 [...]

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