Sept 9, 2025: Tax Credit Tango Four Ways PABs and LIHTCs Misstep скачать в хорошем качестве

Sept 9, 2025: Tax Credit Tango Four Ways PABs and LIHTCs Misstep

The One Big Beautiful Bill Act (OBBBA), signed into law July 4, lowered the tax-exempt bond financed- test for low-income housing tax credit properties from 50% to 25%, giving states the ability to potentially double the amount of bond-financed tax credit transactions that they can finance with the same amount of bond cap. In this episode of the Tax Credit Tuesday podcast, Michael Novogradac, CPA, Novogradac partner Charlie Rhuda, CPA, and Novogradac principal Julie Lawrence, CPA, discuss Internal Revenue Code Section 42 and Section 142(d) key compliance areas, including minimum set-aside tests, rent limit rules, handling over-income tenants and compliance monitoring. The episode provides valuable insights for developers and investors on navigating the complexities of combining LIHTC with private-activity bonds. Summaries of each topic: 1. 00:16 Introduction 2. 05:56 Julie Lawrence and Charlie Rhuda 3. 09:33 How Section 42 Interacts with Section 142(d) 4. 18:56 Where the Code Sections Differ 5. 31:40 Compliance and Monitoring Issues 6. 38:49 Conclusion 7. 43:40 Off-Mike Section Find podcast show notes and more Tax Credit Tuesday episodes at www.novoco.com/podcast.