Tag: tax credit
Governor Rauner Signs Bipartisan Legislation to Extend the Illinois Affordable Housing Tax Credit
Illinois Housing Development Authority (IHDA) Executive Director Audra Hamernik today applauded Governor Bruce Rauner for signing Senate Bill 2921, legislation that preserves an incentive for private investment in affordable housing throughout Illinois...
NYS HCR & Tax Department Urge Eligible New Yorkers to Combine Their Tax Refunds...
Recipients of the Earned Income Tax Credit (EITC) May Also Be Eligible for NYS’s First-Time Homebuyer Assistance. More than 1.5 Million New Yorkers Receiving the EITC are Income-Qualified for a SONYMA Mortgage and Down Payment Assistance Loan
Updated Income Limits for the Mortgage Credit Certificate (MCC) Tax Credit Program
This Program Bulletin supersedes Program Bulletin #2015-02, dated March 9, 2015. It provides updated CalHFA Income Limits for the MCC program. The attached income limits apply to all MCC Tax Credit Program applications. The attachment shows the maximum...
CENTRAL OHIO ORGANIZATION TO RECEIVE NEW MARKETS TAX CREDIT ALLOCATIONS
U.S. Congressman Pat Tiberi (R-OH), a member of the Ways and Means Committee, today announced that a Central Ohio organization will receive New Markets Tax Credit allocations from the Department of the Treasury Community Development Financial Instituti...
Senators Stabenow, Peters Announce Multi-Million Dollar Tax Credit to Support Economic Development in Michigan
U.S. Senators Debbie Stabenow, a senior member of the Senate Finance Committee, and Gary Peters today announced a $55 million tax credit allocation for community development projects to grow the economy and create jobs in Michigan and three other state...
More convenient application makes employer tax credit easier
Each year, Kentucky employers pass up hundreds of dollars in tax incentives by not taking advantage of an Kentucky Unemployment Tax Credit (KUTC) Program. And now the updated application for the program is an easy, one-page electronic form that can be ...
King Introduces Bill to Renew Low-Income Housing Tax Credit
U.S. Senator Angus King (I-Maine), along with Senators Maria Cantwell (D-Wash.) and Pat Roberts (R-Kan.), has introduced bipartisan legislation that would reauthorize a critical tax provision for improving access to affordable housing and spurring priv...
Governor McCrory Signs Bill to Support New Renewable Energy Projects
“I am pleased to sign Senate Bill 372 to bring new renewable energy projects online in North Carolina,” said Governor McCrory. “Renewable energy is an important part of an all-of-the-above energy policy that produces clean power, creates jobs and...
Community input matters to TDHCA’s Housing Tax Credit Program
The Housing Tax Credit (“HTC”) Program helps finance the development of attractive, high quality affordable rental housing through partnerships with private developers.
DCA Commissioner Tours Neighborhood Revitalization Tax Credit Project in Newark
Million Dollar Grant Program Creates Opportunities for Nonprofit to Develop Sustainable Communities in Newark NEWARK, NJ – March 27, 2015 – (RealEstateRama) — New Jersey Department of Community Affairs (DCA) Commissioner Richard E. Co...
NEW HAMPSHIRE HOUSING TEACHES HOMEBUYERS HOW TO SAVE UP TO $2,000 IN TAXES PER...
BEDFORD, N.H. - September 18, 2013 - (RealEstateRama) -- A new video that shows homebuyers how they can save up to $2,000 a year on their federal taxes has been released by New Hampshire Housing. The agency recently created a brief educational video to...
Turner Reintroduces Tax Credit for Historic Preservation
Washington, DC - February 27, 2013 - (RealEstateRama) -- Congressman Mike Turner, Co-chairman of the Historic Preservation Caucus, reintroduced the Historic Homeownership Revitalization Act of 2013. Enactment of this legislation would create jobs in t...
HUD sets 2013 Rent & Income Limits for Section 8 and Low-Income Housing Tax...
WASHINGTON, D.C. - January 08, 2012 - (RealEstateRama) -- The Housing and Economic Recovery Act (HERA) of 2008 made statutory changes to how income limits are calculated for LIHTC and bond-financed properties. HERA protected owners from rent decreas...
NYCHA Announces Receipt of $44 Million in Low-Income Housing Tax Credit Equity
New York, NY - September 14, 2012 - (RealEstateRama) -- NYCHA Chairman John B. Rhea announced the recent receipt of $44 million in low-income housing tax credit equity payments associated with NYCHA’s Federalization transaction. The purpose of the Fe...
CDFI Fund Opens 2012 Competition Round of New Markets Tax Credit Program
Washington, DC - July 16, 2012 - (RealEstateRama) -- In anticipation of its likely publication in the Federal Register on July 19, 2012, the U.S. Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) released today ...
Historic Tax Credit established in Pennsylvania
Harrisburg PA - July 12, 2012 - (RealEstateRama) -- On Saturday, June 30, Pennsylvania became the 30th state in the country to have a state historic tax credit when Governor Tom Corbett signed the FY 2013 Commonwealth Budget and established the Histori...
2012 Housing Tax Credit Contribution (HTCC) Program Overview Session
March 6, 2012 - (RealEstateRama) -- The Connecticut Housing Finance Authority is pleased to announce Application Overview Sessions on the Housing Tax Credit Contribution (HTCC) Program for 2012 on Monday, April 2, 2012 and Tuesday, April 3, 2012 beginn...
HUD sets 2012 Rent & Income Limits for Section 8 and Low-Income Housing Tax...
WASHINGTON, D.C. - December 20, 2011 - (RealEstateRama) -- The Housing and Economic Recovery Act (HERA) of 2008 made statutory changes to how income limits are calculated for LIHTC and bond-financed properties. HERA protected owners from rent decrease...
Enterprise Closes $8.3 Million LIHTC Deal to Build 47 Units of Affordable Housing in...
SANTA MONICA, CA - November 15, 2011 - (RealEstateRama) -- Enterprise Community Investment, Inc. (Enterprise) today announced it has closed an $8.3 million Low Income Housing Tax Credit (Housing Credit) syndication deal to help Community Corporation ...
State to Gain More Than $300 Million in Affordable Apartments
July 6, 2011 - (RealEstateRama) -- Federal tax credits and other financing awarded last week to build affordable apartments is expected to support 6,900 jobs statewide. More than $300 million in development will result from the federal tax credit...
Five New Hampshire Projects Receive Tax Credit Reservations
BEDFORD, N.H. - May 11, 2011 - (RealEstateRama) -- At its recent meeting, New Hampshire Housing Finance Authority’s Board of Directors approved the commitment of nearly $3 million in federal tax credits that will be used to support construction of 21...
Tax Day Highlights New Tax Relief for Connecticut Families
Washington, DC - April 14, 2010 - (RealEstateRama) -- Congressman Jim Himes (CT-4) reminded constituents today that Connecticut taxpayers are seeing significant relief as a result of new tax breaks for middle and low-income families. As noted by former Reagan policy advisor Bruce Bartlet, ?“…federal taxes are very considerably lower by every measure since Obama became president.” All totaled, Congress has enacted over $800 billion in tax cuts, including the Making Work Pay, First-time Homebuyer, and new residential energy tax credits, with another $285 billion in cuts also making their way through Congress, such as permanent estate tax relief and the R&D tax credit to spur business innovation.“The tax cuts we enacted this past year are putting money back in the pockets of hard-working Connecticut families and individuals,” said Himes. “I encourage everyone who is eligible to take advantage of this year's new tax cuts.”
Congresswoman Laura Richardson Urges Families Interested in Purchasing a Home to Act Soon so...
WASHINGTON, DC - April 7, 2010 - (RealEstateRama) -- Congresswoman Laura Richardson is reminding families in the market for a new home to act soon so they can benefit from the First Time Homebuyer (FTHB) tax credit, which has been extended an additional 30 days to a deadline of May 1, 2010.
Time Is Running Out to Take Advantage of Homebuyer Tax Credit Nationwide Open...
SPRINGFIELD, IL - April 6, 2010 - (RealEstateRama) -- The popular homebuyer tax credit, which has benefited millions of first-time and move-up buyers purchasing a new home, will soon come to an end. Potential homebuyers need to move quickly if they want to take advantage of the federal tax credit before it expires April 30, 2010
ARRA Funded Housing Development Opens in Haysville
48 Energy Efficient, Affordable Apartments Now Leasing to Low-Income Families. Haysville, KS - April 2, 2010 - (RealEstateRama) -- Kansas Housing Resources Corporation (KHRC) and Zimmerman Properties, LLC are pleased to announce the grand-opening of 48 newly constructed, energy efficient apartments for low-income families in Haysville
Buy Your Florida Home Now, Says Florida Realtors Homebuyer Tax Credit Requires Purchase Contract...
ORLANDO, FL - April 1, 2010 - (RealEstateRama) -- The countdown has begun: Only a month remains before the federal homebuyer tax credit expires, so now is the time for house hunters to find the home they’ve always wanted in Florida.
Governor Schwarzenegger Signs $10,000 Homebuyer Tax Credit Legislation
March 26, 2010 - (RealEstateRama) -- Governor Arnold Schwarzenegger today returned to the La Ventana Homes project in Fresno where he kicked off his campaign to extend and expand the hugely successful homebuyer tax credit to sign legislation that will do just that. AB 183, authored by Assemblymember Anna Caballero (D-Salinas) and Senator Roy Ashburn (R-Bakersfield), will provide a tax credit of up to $10,000 to Californians who are buying their first home or purchasing a brand new home.
C.A.R. applauds Gov. Schwarzenegger’s signing Homebuyer Tax Credit legislation into law
LOS ANGELES, CA - March 26, 2010 - (RealEstateRama) -- The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) today praised California Governor Arnold Schwarzenegger for his leadership in signing the Homebuyer Tax Credit legislation into law.
Homebuilders Applaud Passage of Homebuyer Tax Credit
SACRAMENTO, CA - March 26, 2010 - (RealEstateRama) -- California homebuilders said the $10,000 tax credit for purchasers of new homes and for first-time purchasers of existing homes will help jump-start the homebuilding industry, create jobs and provide a much-needed boost to the state’s economy
CABOR is Ready to Help Homebuyers with April 30th Tax Credit Countdown Concerns
Cleveland, OH - March 25, 2010 - (RealEstateRama) -- With 3,800 members strong, the Cleveland Area Board of REALTORSR (CABOR) is poised and ready to help homebuyers take advantage of federal tax credits worth up to $8,000 for first-time buyers and $6,500 for repeat buyers. CABOR members are making sure house hunters have what they need to close a deal
