HTCC Advocacy Document
July 25, 2016Category: Tools and HandoutsHelp spread the word about a national nonprofit organization comprised of stakeholders who recognize the importance of the federal Historic Tax Credit (HTC) as an economic development tool. This background document provides information about HTCC in order to: Educate lawmakers and regulators, Inform industry stakeholders about the Coalition, and Introduce interested persons to the value… Read More » Read More
IRS Section 50(d) Regulations
July 25, 2016Category: Regulations / IRS GuidanceOn July 22, 2016 the Internal Revenue Service (IRS) published in the Federal Register a Temporary Regulation dealing with so-called Section 50(d) income generated by the Master Tenant legal structure. The Regulation is called “Income Inclusion When Lessee Treated as Having Acquired Investment Credit Property” and can be found here. The Regulation does three things: 1.)… Read More » Read More
Historic Tax Credit Advocacy During Summer Recess Urgently Needed
July 19, 2016Category: Republican Tax Reform ProposalThe Historic Tax Credit (HTC) is the most significant federal financial commitment to historic preservation. Over the last 36 years, the credit has created 2.3 million jobs, leveraged $117 billion in investment, and rehabilitated more than 41,250 buildings — all while generating enough in federal taxes to pay for itself. Unfortunately, this credit is in danger. The Republican… Read More » Read More
HTCIA One-Pager
May 6, 2016HTCC Provides Comments to IRS Regarding Section 50(d) Income
October 19, 2015On September 18, 2015, the HTCC submitted a letter to the IRS on issues concerning the effective date of regulations issued in connection with its current priority guidance project relating to the tax treatment of Code §50(d) income. Read More
Lawmakers Encourage Expansion of CRA Credits for Historic Tax Credit Investments
April 27, 2015On April 20, 2015, Representatives Earl Blumenauer and Richard Neal submitted a letter to the Federal Reserve and Federal Deposit Insurance Corporation asking the agencies to consider expanding and clarifying the circumstances in which a federal Historic Tax Credit investment qualifies for credits in connection with its proposed changes to the CRA Questions and Answers document language… Read More
The Historic Tax Credit Coalition and More Than 600 Organizations Ask the Senate to Save the Tax Credit
April 22, 2015On Wednesday, March 11, Senate Finance Chairman Orrin Hatch (R-UT) and Ranking Member Ron Wyden (D-OR) announced that the committee’s five tax reform working groups would be accepting public input through Wednesday, April 15. In response, the Historic Tax Credit Coalition submitted a letter of support for the Historic Tax Credit to the Community Development and Infrastructure Working Group. The letter was signed by more than 600 organizations… Read More
HTCC Advocacy Document
July 25, 2016Category: Tools and HandoutsHelp spread the word about a national nonprofit organization comprised of stakeholders who recognize the importance of the federal Historic Tax Credit (HTC) as an economic development tool. This background document provides information about HTCC in order to: Educate lawmakers and regulators, Inform industry stakeholders about the Coalition, and Introduce interested persons to the value… Read More » Read More
IRS Section 50(d) Regulations
July 25, 2016Category: Regulations / IRS GuidanceOn July 22, 2016 the Internal Revenue Service (IRS) published in the Federal Register a Temporary Regulation dealing with so-called Section 50(d) income generated by the Master Tenant legal structure. The Regulation is called “Income Inclusion When Lessee Treated as Having Acquired Investment Credit Property” and can be found here. The Regulation does three things: 1.)… Read More » Read More
Historic Tax Credit Advocacy During Summer Recess Urgently Needed
July 19, 2016Category: Republican Tax Reform ProposalThe Historic Tax Credit (HTC) is the most significant federal financial commitment to historic preservation. Over the last 36 years, the credit has created 2.3 million jobs, leveraged $117 billion in investment, and rehabilitated more than 41,250 buildings — all while generating enough in federal taxes to pay for itself. Unfortunately, this credit is in danger. The Republican… Read More » Read More
HTCIA One-Pager
May 6, 2016HTCC Provides Comments to IRS Regarding Section 50(d) Income
October 19, 2015On September 18, 2015, the HTCC submitted a letter to the IRS on issues concerning the effective date of regulations issued in connection with its current priority guidance project relating to the tax treatment of Code §50(d) income. Read More
Lawmakers Encourage Expansion of CRA Credits for Historic Tax Credit Investments
April 27, 2015On April 20, 2015, Representatives Earl Blumenauer and Richard Neal submitted a letter to the Federal Reserve and Federal Deposit Insurance Corporation asking the agencies to consider expanding and clarifying the circumstances in which a federal Historic Tax Credit investment qualifies for credits in connection with its proposed changes to the CRA Questions and Answers document language… Read More
The Historic Tax Credit Coalition and More Than 600 Organizations Ask the Senate to Save the Tax Credit
April 22, 2015On Wednesday, March 11, Senate Finance Chairman Orrin Hatch (R-UT) and Ranking Member Ron Wyden (D-OR) announced that the committee’s five tax reform working groups would be accepting public input through Wednesday, April 15. In response, the Historic Tax Credit Coalition submitted a letter of support for the Historic Tax Credit to the Community Development and Infrastructure Working Group. The letter was signed by more than 600 organizations… Read More