IRS Issues Relief for LIHTC Projects
The IRS recently issued Notice 2021-12, which grants additional relief in three primary areas related to the Low Income Housing Tax Credit (LIHTC): deadlines related to the credit, operational provisions and deadlines associated with qualified residential rental projects. IRS Notice 2021-12 Provisions Some notable provisions from IRS Notice 2021-12 include the following: Relief for Deadlines…
