News & Analysis as of

Tax Relief Real Estate Development

Otten Johnson Robinson Neff + Ragonetti PC

Denver Announces a Middle Income Housing Pilot Program

Denver’s Department of Housing Stability (“HOST”) and Denver Housing Authority (“DHA”) are partnering to pilot a program aimed at spurring development of middle-income housing.  As reported in the Denver Post, Denver Mayor...more

Lowndes

HUD Announces 2023 AMI Income and Rent Limits: Orange County's AMI Rises to $84,700

Lowndes on

The Department of Housing and Urban Development (HUD) has released its 2023 AMI Income and Rent Limits, with Orange County’s AMI increasing from $80,100 to $84,700....more

Pierce Atwood LLP

IRS Provides Relief on Opportunity Zone Deadlines

Pierce Atwood LLP on

On June 4, 2020, in response to the ongoing COVID-19 pandemic, the IRS issued Notice 2020-39 to provide relief regarding various deadlines applicable to the federal opportunity zone program....more

Ballard Spahr LLP

Pennsylvania Enacts Law Clarifying Local Government Functions During COVID-19

Ballard Spahr LLP on

This week, Pennsylvania Governor Tom Wolf signed Senate Bill 841 into law, which permits the limited suspension of certain requirements to allow municipalities to conduct business remotely during the COVID-19 emergency. ...more

Rosenberg Martin Greenberg LLP

Key Tax Extensions for Real Estate Developers

The Department of Treasury and the Internal Revenue Service (the “IRS”) have issued IRS Notice 2020-23 (the “Notice”), which extends several deadlines that fall between April 1, 2020 and July 15, 2020. The IRS has changed...more

Jackson Walker

Treasury Releases Final Regulations for Investing in Qualified Opportunity Zones

Jackson Walker on

On December 19, 2019, the Treasury Department released final regulations on the Qualified Opportunity Zone (QOZ) program first enacted in the Tax Cuts and Jobs Act of 2017. Final regulations provide additional safe harbors...more

Dorsey & Whitney LLP

Dorsey’s Artin Betpera Advocates on Behalf of the Mortgage Industry with the California MBA at the State Capitol

Dorsey & Whitney LLP on

It’s sure been busy at our State Capitol here in California this week. While the Legislators were furiously debating an increase in our state gas tax (already one of the highest in the nation), the California Mortgage Bankers...more

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