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NCSHA Letter to IRS, Treasury Urges Guidance on Implementing Minimum 4 Percent Rate, Disaster Housing Credits

Published on February 26, 2021
NCSHA Letter to IRS, Treasury Urges Guidance on Implementing Minimum 4 Percent Rate, Disaster Housing Credits

In this February 26, 2021, letter, NCSHA urged the Internal Revenue Service and the U.S. Department of the Treasury to provide guidance on implementation of the minimum 4 percent Housing Credit rate and supplemental disaster Housing Credit authority, both enacted under the Consolidated Appropriations Act of 2021. The letter also urged revision of various IRS forms to facilitate reporting of both provisions. 

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