The 2025 Tax Super Bowl: A Pivotal Year for State LIHTC and Affordable Housing
As Midtown Builders approach the expiration of key provisions of the Tax Cuts and Jobs Act (TCJA) in 2025, affordable housing advocates, LIHTC developers, and housing agencies are looking to capitalize on this critical opportunity to reshape the future of the...
Impact of HOTMA on Mixed-Income LIHTC Properties
IntroductionThe Housing Opportunity Through Modernization Act (HOTMA) significantly impacts Low-Income Housing Tax Credit (LIHTC) properties, particularly those with mixed-income residents. Understanding the implications of HOTMA for mixed-income LIHTC properties is...
Understanding HOTMA and Its Impact on LIHTC Properties
IntroductionIn an effort to modernize affordable housing and improve access to resources for low-income Americans, the U.S. Department of Housing and Urban Development (HUD) introduced the Housing Opportunity Through Modernization Act (HOTMA). This legislation brings...
Key HOTMA Compliance Changes for LIHTC Property Managers
IntroductionWith the recent Housing Opportunity Through Modernization Act (HOTMA) updates, property managers handling Low-Income Housing Tax Credit (LIHTC) properties are experiencing new regulations that reshape tenant eligibility, income verification, and compliance...
