IRS Issues Guidance for PABs

On May 4, the IRS issued 2 documents providing guidance for Tax-Exempt Bond Private Activity Bonds (PABs) when used with 4% credits from the LIHC program.

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HUD’s Multifamily Housing Q&A Updated Yet Again

On May 1, HUD once again updated its Q&A for Multifamily Housing document making this the 5th update.

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