Treasury Department

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Treasury Sued Over LIHTC Program

A Texas nonprofit claims the Treasury and OCC are perpetuating racial segregation through their administration of the LIHTC program. Read more

Treasury, HUD Partner to Create More Affordable Rental Housing
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Treasury, HUD Partner to Create More Affordable Rental Housing

The Federal Financing Bank will finance multifamily loans insured under FHA’s... Read more

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Nearly $22 Billion in NMTCs Requested

CDFI Fund receives 282 applications under the 2012 round for New Markets Tax Credits. Read more

NIBP Extended Through 2012
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NIBP Extended Through 2012

The affordable housing industry can breathe a little easier: The New Issue Bond... Read more

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Demand Spikes for NMTCs

Demand for New Markets Tax Credits (NMTCs) jumped 26 percent this year, announced the Treasury Department’s Community Development Financial Institutions Fund (CDFI Fund). Read more

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Tax Credit Exchange Hits $4 Billion Milestone

More than $4 billion in Tax Credit Exchange Program funds have been provided to help spur the development of affordable housing around the country, announced the Treasury Department. Read more

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$5 Billion in NMTCs Announced

Ninety-nine community development entities (CDEs) have been selected to receive $5 billion in New Markets Tax Credits (NMTCs), announced Treasury Department officials at the end of October. Read more

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Treasury Relaxes Disbursement Rules, AnnouncesExchange Awards

The Treasury Department announced that it is relaxing its policy regarding the time limitation within which state housing credit agencies must disburse low-income housing tax credit (LIHTC) exchange funds. Read more

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House Leaders Ask Treasury to Offer LIHTC Guidance

Congressmen Barney Frank (D-Mass.) and Charles Rangel (D-N.Y.) have asked the Treasury Department to provide guidance for implementing the low-income housing tax credit (LIHTC) exchange provision under the American Recovery and Reinvestment Act of 2009. Read more

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NCSHA Offers Recommendations to Help HFAs

State housing finance agencies (HFAs) are calling on the Treasury Department to help bolster their lending programs during this economic crisis. Read more

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