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Jennifer Emerling / There Is More Work To Be Done

Low Income Housing Tax Credit compliance monitoring (2/26/19)

Agency IRS
Action Final rule
Date 2/26/19
Link https://www.federalregister.gov/documents/2019/02/26/2019-03388/amendments-to-the-low-income-housing-credit-compliance-monitoring-regulations

The IRS is amending its compliance monitoring regulations for the Low-Income Housing Credit to revise and clarify the requirement to conduct physical inspections and review low-income certifications and other documentation.