WASHINGTON, DC – July 6, 2011 – (RealEstateRama) — The Office of the Comptroller of the Currency (OCC) today published an online newsletter that provides a guide for national banks seeking to invest in solar energy projects under the national bank public welfare investment authority. The on-line newsletter describes how banks have used the public welfare investment authority to invest in funds and other financing vehicles that are structured to pass-through the benefit from the energy investment tax credit to entities such as schools, universities, hospitals, and Federally- subsidized rental housing developments.
More info...
