Due to rising housing prices and mortgage rates, and a higher demand for tax-exempt, low-interest mortgage loans from low- and middle-income first-time homebuyers, the mortgage revenue bond (MRBs) market has seen a healthy increase over the last few years More
The House Ways and Means Committee has approved a bill (H.R. 5720) introduced by committee Chairman Charles Rangel (D-N.Y.) to temporarily expand the low-income housing tax credit (LIHTC) and tax exempt housing bond programs, revise some of the program rules and requirements, and create a new tax credit for first-time homebuyers. More
