NCSHA Comments to the IRS on Form 8609
On January 25, 2021, NCSHA submitted comments to the Internal Revenue Service on Form 8609 (Low Income Housing Credit Allocation and Certification). These comments suggest form revisions related to the minimum 4 percent Credit rate enacted in the Consolidated Appropriations Act of 2021, the ability of state agencies to notify IRS about carryover allocation or placed in service relief to projects, and other improvements to assist agencies in administration of the Housing Credit program.
