
Congress Budget Package Good for Multifamily Investors, Businesses, Foreign Investors, and others
Affordable Housing / Sustainable Development Competitive 9 percent LIHTC value is now set at 9% per year of the eligible basis over the 10-year lift of the tax credit. 4 percent LIHTC will still float. NMTC (New Markets Tax Credit) program, which helps pay for mixed-use development in less desirable areas, was renewed through 2019. Green building / LEED development tax deduction extended through 2016. Bonus Depreciation Bonus depreciation extended through 2019. Foreign invest