Day: January 25, 2021

IRS Notice 2021-12 Provides LIHTC Relief and Extends Deadlines

The Internal Revenue Service issued Notice 2021-12 on January 15, 2021 to grant relief and to extend deadlines for various Low-Income Housing Tax Credit requirements.  Here is a summary of the relief and extensions. Operational relief for the period from April 1, 2020 to September 30, 2021: Building owners are not required to perform income

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