Capitol Connection Updates
In this monthly feature, two preeminent leaders from affordable housing’s efforts on The Hill, Bob Moss and David Gasson, both principals with MG Housing Strategies, join Beth Mullen, CohnReznick’s Affordable Housing practice leader, to discuss critical legislative updates for the low-income housing tax credit (LIHTC) industry. For this May 2022 installment, recorded Friday, May 6, topics covered include:
- The latest prospects for permission to use American Rescue Plan Act (ARPA) funds for affordable housing development
- Recently proposed Community Reinvestment Act (CRA) updates
- Hopeful developments around the treatment of credits in the proposed 15% global minimum tax
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.
Affordable Housing News & Views