NCSHA Comments on IRS PAB Public Approval Requirements
On December 20, NCSHA sent a letter to the Internal Revenue Service (IRS) regarding their September 27 proposed rule concerning public approval requirements for tax-exempt Private Activity Bonds (PABs).
NCSHA sent this letter on behalf of the state Housing Finance Agencies (HFAs), and commends IRS for updating the public approval requirements for PABs to reflect developments that have changed how government entities now communicate with their constituents.
