Each year, the Internal Revenue Service (IRS) receives requests for refunds, credits and abatements of low-income housing tax credits (LIHTC). Typically, once all of the requests have been processed, the IRS has additional, unused credits available for distribution to state housing credit agencies. Last week, the IRS issued Revenue Procedure 2011-57, outlining the redistribution of unused LIHTCs.
Access This Members Only Article for Free
Our VIP Members have access to all current and past articles, but if this is your first time visiting us, you can preview this one article for free. To get a copy of this article on "IRS Redistributes LIHTCs", enter your name and email address below and we'll send you a copy right away.
* Hey, we hate spam, too and will never sell, abuse or give away your email address.
