Affordable housing

A set of provisions tucked into the law has real estate developers and affordable housing proponents cheering — though some view it as a bittersweet victory.

A bipartisan group of over 100 lawmakers reintroduced legislation in the House to expand and strengthen the Low Income Housing Tax Credit.

Governor Maura Healey's $4 billion housing bond bill, the state's biggest-ever investment in its residential stock, includes a provision allowing cities to impose a transfer fee of 0.5% to 2% on property sales exceeding $1 million.

Proponents of affordable housing are hearted by provisions related to the Low-Income Housing Tax Credit, saying they could result in financing over 20,000 homes.

The New York governor called for a new tax break to promote affordable housing and increase support for fighting crime in New York City.

Members of the Senate and House introduced bipartisan legislation to build more housing with the credit.

A group of House lawmakers on both sides of the aisle is pushing to expand the Low-Income Housing Tax Credit as the supply of affordable housing remains tight.

The Senate Finance Committee chair introduced legislation with tax credits aimed at ending homelessness and providing affordable housing.

As they struggle with an affordable housing crunch, policymakers are looking at targeting the empty homes of the wealthy.

A bipartisan group of lawmakers is proposing to boost affordable housing by 2 million units over the next decade by expanding a key tax credit.

The Internal Revenue Service is extending timelines for performing some of the actions associated with the low-income housing tax credit and bonds for qualified residential rental projects to give businesses more time during the COVID-19 pandemic.

The Securities and Exchange Commission teamed up with the North American Securities Administrators Association to explain the application of federal and state securities laws to opportunity zone investments.

The proposed regulations could unlock greater development in low-income communities and give investors a chance to reap tremendous profits.

The Internal Revenue Service released a revenue procedure Wednesday offering guidance on the use of tax-exempt bonds to provide housing for military veterans, farm workers and other groups.

The initiative was opposed by the mayor and divided leaders of the city’s booming technology industry.

The Internal Revenue Service unveiled proposed regulations Friday for what Treasury Secretary Steven Mnuchin says could be a $100 billion investment opportunity for real estate and businesses in distressed areas.

Thanks to the new TCJA, the bank's deals could become a lot more lucrative.

PNC Financial Services Group Inc. received subpoenas from federal prosecutors in Florida over practices related to its purchases of low-income housing tax credits, according to two people familiar with the matter.

Wells Fargo & Co. investors who were learning to live with an unprecedented penalty the Federal Reserve imposed for bad behavior will have their patience tested again as details emerge on another scandal.

Less than a month after unanimously passing a per-worker tax on large employers to fund homeless services and affordable housing, the City Council voted 7 to 2 to eliminate it.