Law Alert – ARRA – Low Income Housing Tax Credits

The American Reinvestment and Recovery Act of 2009 (“ARRA”) was signed into law on February 17, 2009 and includes several provisions meant to jumpstart the flagging Low Income Housing Tax Credit (“LIHTC”) program. This alert discusses ARRA’s most important...

Law Alert – ARRA – City & County Housing Opportunities

The American Recovery and Reinvestment Act (ARRA), enacted on February 17, 2009, includes several provisions that create additional housing opportunities at the local government level. Major provisions affecting city and county housing programs are summarized below....