Resources
Case Studies: Opportunity Zone Investment in Affordable Housing and Community Revitalization
The National Council of State Housing Agencies and the Economic Innovation Group are collaborating on a series of case studies of developments that incorporate Opportunity Zone investment to create new affordable homes and support community revitalization efforts. To submit a development for this series, please complete this form.
IRS Revenue Procedure 2019-44, 2020 Housing Credit and Housing Bond Volume Caps
Rev. Proc. 2019-44 provides the 2020 per capita and small-state minimum levels for the Low Income Housing Tax Credit and Private Activity Bonds (PABs). In 2020, states will receive the greater of $2.81 per capita or $3,217,500 in Housing Credit authority and the greater of $105 per capita or $321,775,000 in PAB volume cap.
2020 Housing Credit and PAB Volume Caps
The IRS released the 2020 volume caps for Housing Credit and Private Activity Bonds (PABs).
Summary of Opportunity Zone Reporting and Reform Act of 2019
This summary provides a comprehensive overview of the legislation to amend the Internal Revenue Code of 1986 to require reporting for Qualified Opportunity Funds, to make modifications to Opportunity Zones, and for other purposes.
Opportunity Zones Reporting and Reform Act of 2019
The Opportunity Zones Reporting and Reform Act of 2019 was created to amend the Internal Revenue Code of 1986 to require reporting for Qualified Opportunity Funds, to make modifications to Opportunity Zones, and for other purposes.
NCSHA Comments on IRS Notice 2019-52
The National Council of State Housing Agencies (NCSHA) appreciates the opportunity to provide our perspectives on the Internal Revenue Service (IRS) request for comments in Notice 2019-52 regarding possible improvements to Revenue Procedures 2014-49 and 2014-50 regarding natural disasters.
IRS Revenue Procedure 2019-41 (2019 National Pool)
Today, the Internal Revenue Service published Internal Revenue Bulletin 2019-44, which includes (under Part III) Rev. Proc. 2019-41, which provides the Housing Credit national pool amounts for qualified states for calendar year 2019.
Working with FHA, USDA, Fannie Mae, and Freddie Mac (AC19 Conference Session)
AC19 Conference Session: Learn from senior agency officials the latest on FHA’s down payment assistance policy and USDA’s effort to expand lending to working families in rural areas. Hear about Fannie Mae and Freddie Mac’s plans for their HFA Preferred lending products.
2019-2020 Treasury and IRS Priority Guidance Plan
The U.S. Department of the Treasury and Internal Revenue Service issued their 2019-2020 Priority Guidance Plan (PGP), which identifies guidance projects Treasury and IRS intend actively work on between July 1, 2019 and June 30, 2020.
