Affordable Housing News & Views - January 2019

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    CohnReznick Insights

    Capitol Connection: 2018 Affordable Housing Year in Review  

    One year ago, we were absorbing the potential effects of the Tax Cuts and Jobs Act, recovering from the battle over Tax Exempt Bonds and the Qualified Census Tract reduction attempt and the fight over the elimination of the Historic Tax Credit. Over the course of 2018, the affordable housing industry waded through the onslaught of political noise and legislative battles as we continued our attempts to increase resources in light of the national rental housing crisis. Bob Moss, Principal and National Director of Governmental Affairs, has compiled excerpts from last year’s Capitol Connection articles (as well as his prediction for 2019).

    Money Managers and Eagerness with Opportunity Zones

    Beth Mullen, CohnReznick’s national practice leader for Affordable Housing, weighs in with money manager interest and their appetite for opportunity zone investing. Regulatory uncertainty, tax guidance, and mechanisms to report and measure investments are still concerns, Beth told “Pensions & Investments” in a recent interview. For full Opportunity Zone coverage, please bookmark CohnReznick’s dedicated page here for updates. For the full “P&I” article, see here: 
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    Beth Mullen

    CPA, Partner, Affordable Housing Industry Leader

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    This has been prepared for information purposes and general guidance only and does not constitute legal or professional advice. You should not act upon the information contained in this publication without obtaining specific professional advice. No representation or warranty (express or implied) is made as to the accuracy or completeness of the information contained in this publication, and CohnReznick LLP, its partners, employees and agents accept no liability, and disclaim all responsibility, for the consequences of you or anyone else acting, or refraining to act, in reliance on the information contained in this publication or for any decision based on it.