NCSHA Letters to IRS and Treasury on Extending Housing Credit COVID-19 Relief
On August 13, 2021, NCSHA sent this letter to the Internal Revenue Service and the U.S. Department of the Treasury urging them to extend certain temporary Housing Credit relief provisions in IRS Notice 2021-12 as the COVID-19 pandemic continues to disrupt development and construction activities and the operation of Housing Credit properties.
On October 15, 2021, NCSHA sent Treasury and IRS a follow-up letter providing further clarity and illustrative examples of our recommendations.