Affordable Housing News & Views - June 2019
New legislation has been introduced that aims to strengthen the low-income housing tax credit (LIHTC). This legislation replaces S. 548 and H.R. 1661 with bills in the House and Senate: S. 1703 and H.R. 3307. CohnReznick has been active in creating the framework for the new language and has been working closely with Senator Cantwell and Chairman Neal on the reintroduction of the Affordable Housing Credit Improvement Act (AHCIA) in both chambers. Read about it in Bob Moss’s latest Capital Connection by clicking below.
CohnReznick’s 18th Annual New Markets Tax Credit Summit (May 13-15) brought together more than 500 professionals across the community development spectrum, focusing on all manner of NMTC, community development, and how technology and innovation plays a part. And, as part of our tradition at the Summit, for those who were not there, check out the video featuring the impact one NMTC investment had on a resurgent area of Baltimore, Remington.
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Any advice contained in this communication, including attachments and enclosures, is not intended as a thorough, in-depth analysis of specific issues. Nor is it sufficient to avoid tax-related penalties. This has been prepared for information purposes and general guidance only and does not constitute 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 members, 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.
InsightCapitol Connection: Time to act on affordable housing legislationRobert C. MossWith new affordable housing legislation awaiting Congressional approval, CohnReznick National Director of Governmental Affairs Bob Moss advises that now is the time for the housing industry to take action.
InsightAffordable Housing News & Views - May 2019The latest industry insights, news, and events
On-demandOpportunity zones – Perspectives on the new wave of guidelines and key considerationsBeth Mullen, David Kessler, Brian NewmanExcitement and anticipation regarding Opportunity Zones continue for investors, fund managers, and investees – and state and local governments. But we are also hearing that many people are interested in improving their understanding of guidelines that have been released up to now.
On-demandWebtalk: Insights from GreystoneBeth Mullen & Will EcksteinListen in as Beth Mullen, CohnReznick’s national affordable housing practice leader, checks in with Will Eckstein, vice president of development, from Greystone, a leading investment, lending and advisory firm.
InsightCapitol Connection: Thinking About the FutureRobert C. MossOne man started an industry in a spare bedroom in his home, and another man brought the opportunity of that industry to hundreds of people. Both men, from different generations, shared the same personality traits.