Michigan enacts housing opportunity credit against individual or corporate income tax
By Peter G. Pupke, Esq., Checkpoint News Michigan has enacted legislation that allows eligible taxpayers to claim a housing opportunity …
Michigan enacts Housing Opportunity Tax Credit program
By Peter G. Pupke, Esq., Checkpoint News Michigan has enacted legislation that amends the State Housing Development Authority Act of …
Affordable Housing & Tax Pt. 2: Supply Incentives; Rental Assistance
Under current law, the biggest federal tax program designed to assist renters and promote affordable housing is on the supply …
Affordable Housing & Tax Pt. 1: Current Conditions; Home Mortgage Interest Deduction
Amid rising home and renting costs and supply shortages, experts have become increasingly critical toward the effectiveness of existing housing …
Rules Issued on Low-Income Housing Credit Average-Income Test
The IRS has provided guidance on the low-income housing credit’s average-income test. The final and temporary regulations affect owners of …