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The Affordable Housing Tax Credit Coalition The Affordable Housing Tax Credit Coalition
  • ABOUT
    • About the AHTCC
    • AHTCC Members
    • AHTCC Leadership
    • Contact Us
    • Finding Housing
  • ADVOCACY
    • Affordable Housing for Veterans
    • COVID-19 Response
    • The Housing Credit
    • Legislation
    • Regulatory Issues
    • Resident Stories
    • AHTCC Legislative Priorities
  • AWARDS
    • Charles L. Edson Tax Credit Excellence Awards
    • Champion of Affordable Housing Award
    • David Reznick Lifetime Achievement Award
  • GALLERY
  • EVENTS
  • NEWS
  • VETERANS
  • JOIN AHTCC
Aug 04

AHTCC Comments on OCC Tax Equity Finance Proposed Rule

  • August 4, 2020
  • 2020 News, Housing Credit, Regulatory Issues

The AHTCC has submitted comments on the Office of the Comptroller of the Currency’s (OCC) recent notice of proposed rulemaking (NPR) on the Activities and Operations of National Banks and Federal Savings Associations (see the OCC’s press release). While the majority of the NPR related to the energy sector, a section on a Tax Equity Finance Transaction rule (TEF Regulation) could allow an additional authority to invest in the Housing Credit beyond national banks’ Public Welfare Investment Authority and federal savings associations’ Community Development Investment Authority. In our comments, the AHTCC requested that the OCC clarify that the TEF Regulation is separate and apart from the Public Welfare Investment Authority and Community Development Investment Authority, and that the proposal is an addition but not a substitute for the existing authority. The comment window is now closed.

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The Affordable Housing Tax Credit Coalition is a trade organization of housing professionals who advocate in support of the Low-Income Housing Tax Credit

LATEST NEWS FROM AHTCC

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Retweet on TwitterAHTCC Retweeted
25 Feb

Great to get these renovations underway at two properties for seniors in Narragansett. The 4% fixed rate for #LIHTC enacted in December made a big difference. ... https://twitter.com/poahcommunities/status/1365031573045796868

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