On July 3, 2025, the United States House of Representatives passed the final version of the One Big Beautiful Bill Act (the “Act”), which was subsequently signed into law by the President on July 4, 2025. ...more
7/11/2025
/ Affordable Housing ,
Federal Taxes ,
Housing Developers ,
LIHTC ,
Low Income Housing ,
New Legislation ,
Opportunity Zones ,
Real Estate Development ,
Rental Property ,
Tax Credits ,
Tax Incentives ,
Tax Reform
On March 1, 2021, the Virginia General Assembly approved legislation creating the Virginia Opportunity Tax Credit Program (Program), a new state low-income housing tax credit (LIHTC) that contributes an amount to a qualified...more