Written by Glenn Graff of Applegate & Thorne-Thomsen, P.C., Forrest Milder of Nixon Peabody LLP, Brad Tomitshen of Tomitshen Aoun PLLC, Judy Crosby of Kutak Rock LLP and Sue Wilson of Enterprise Community Partners to the Internal Revenue Service requesting items relating to Low-Income Housing Tax Credits to be added to the IRS Priority Guidance  Plan for 2022-2023.

Click HERE to download the entire Priority Guidance Plan Letter.

On June 3, 2022 a comment letter was sent to the IRS in response to the IRS Notice 2022-21 in which the IRS invited public comments on items that should be included on the 2022-2023 Priority Guidance Plan (“PGP”).  The letter was drafted by leaders of the American Bar Association Forum on Affordable Housing and Community Development Law Tax Credit and Equity Financing Committee in their individual capacities with one of the co-authors being Glenn Graff of Applegate & Thorne-Thomsen.  The letter focuses on important items that relate to the Low-Income Housing Tax Credit (“LIHTC”) provided for under Section 42 of the Internal Revenue Code of 1986, as amended.

For more information, please contact Glenn Graff or any of your contacts at Applegate & Thorne-Thomsen.