On April 9, 2020, U.S. Treasury Secretary Steven T. Mnuchin approved the establishment of a Municipal Liquidity Facility (MLF) aimed at helping the flow of credit to states, counties and cities impacted by the COVID-19...more
On April 3, the IRS issued Revenue Procedure 2019-17 (Rev. Proc.), offering additional guidance on the public use requirement applicable to multifamily housing bonds under Section 142(d) of the Internal Revenue Code. This new...more
With close to $1.4 billion in volume cap for New Clean Renewable Energy Bonds (New CREBs) remaining, Notice 2015-12 (the 2015 Notice) announces the March 5 opening of the rolling volume-cap application window for governmental...more