Tag: Tax Credits
DCA awards $20.5 million in Housing Tax Credits
The Georgia Department of Community Affairs (DCA) announced today it will award $20.5 million federal housing tax credits to construct or rehabilitate 25 affordable rental housing properties located throughout the state. The developments include afford...
Housing Tax Credits: What you need to know
Anyone who has been following recent activities at TDHCA has likely noticed that the federal Housing Tax Credit Program is receiving a lot of attention these days. The Housing Tax Credit (“HTC”) Program is the state’s primary means of directing p...
Bennet Amendment Would Extend Renewable Energy Tax Credits
Colorado U.S. Senator Michael Bennet introduced an amendment to the Senate's budget proposal that instructs Congress to extend expired and expiring tax credits for renewable energy. The tax credits should be extended for a reasonable period of time as ...
State housing agency’s $48.6 million in housing tax credits to expand housing choices, support...
AUSTIN, TX - July 30, 2012 - (RealEstateRama) -- The Texas Department of Housing and Community Affairs (TDHCA) today announced it has allocated $48.6 million in housing tax credits to developers of affordable rental properties, helping increase housing...
Thousands of Tax Cheats Got Federal Mortgage Assistance or Tax Credits
WASHINGTON, D.C. - June 27, 2012 - (RealEstateRama) -- A new report from the Government Accountability Office (GAO) found that thousands of home-buyers with significant tax debt were given one-time mortgage help under the American Recovery and Reinvest...
Thousands of Tax Cheats Got Federal Mortgage Assistance or Tax Credits
WASHINGTON, D.C. - June 27, 2012 - (RealEstateRama) -- A new report from the Government Accountability Office (GAO) found that thousands of home-buyers with significant tax debt were given one-time mortgage help under the American Recovery and Reinvest...
AFFORDABLE HOUSING DEVELOPMENTS PLANNED
BISMARCK, ND - April 22, 2011 - (RealEstateRama) -- The Industrial Commission announced today that the North Dakota Housing Finance Agency (NDHFA) has granted conditional commitments for $2.9 million in Low Income Housing Tax Credits (LIHTC) for constr...
City of Monroe Offers Workshop on Historic Preservation Tax Credits for Residential and Commercial...
February 17, 2010 - (RealEstateRama) -- State Historic Preservation Office architect Bryan Lijewski will meet with Monroe property owners and developers at a free workshop on Thursday, February 18. The event is being presented by the Monroe Historic District Commission.
Kratovil Backs Bill That Brings Tax Relief to Small Businesses and Working Families
December 10, 2009 - (RealEstateRama) -- Today, Rep. Frank Kratovil supported the Tax Extenders Act of 2009, which extends tax relief provisions for working families and businesses to help spur job growth. The legislation will extend the R&D tax credit for nearly 11,000 businesses, provide up to 30 million homeowners with property tax relief, and provide a college tuition deduction that will make college possible for 4.5 million families
Iowa Finance Authority Awards Nearly $13 Million in Federal Disaster Housing Tax Credits, ARRA...
DES MOINES, DC - December 8, 2009 - (RealEstateRama) -- The Iowa Finance Authority (IFA) Board of Directors recently approved nearly $13 million in federal resources to finance the development of The Rose of Council Bluffs, a 76 unit affordable housing development for older residents
Klein Votes to Extend Homebuyer Tax Credits
Washington, DC - November 5, 2009 - (RealEstateRama) -- Congressman Ron Klein (FL-22) today joined a bipartisan majority of his colleagues to support legislation that will strengthen South Florida’s economy. The bill, the Unemployment Compensation Extension Act of 2009 (H.R. 3548) has two critical provisions for our community. First, it extends tax credits for first-time homebuyers in order to continue to provide a crucial jolt to the real estate market and the South Florida economy. In addition, the bill supports local businesses by allowing a five-year carry-back on net operating losses.
Rep. Foster Votes to Allow Service Members to Take Advantage of Homebuyer Tax Credits...
Washington, DC - October 9, 2009 - (RealEstateRama) -- Continuing his efforts help military service members and their families, Rep. Bill Foster (IL-14) voted in favor of the Service Members Home Ownership Tax Act of 2009, which would extend the deadline for utilizing the first-time homebuyer tax credit of $8,000 for qualifying service members that was included in the stimulus. The bill passed by an overwhelmingly bipartisan vote of 416-0.
