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Renovation of School, Tobacco Factory, County Jail, Trolley Car Rail Yard Earn Novogradac HTC Awards

Renovation of School, Tobacco Factory, County Jail, Trolley Car Rail Yard Earn Novogradac HTC Awards
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Apartment Rehabilitations, Mixed-Use Development, School win Novogradac Awards

SAN FRANCISCO (PRWEB) July 01, 2022 A Chicago apartment rehabilitation, a Salt Lake City, Utah, property that overcame the pandemic and an earthquake, a ....

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Budget Bill Extends California HTC Sunset Date by One Year

Monday, July 19, 2021 - 9:30am
A tax budget trailer bill signed by California Gov. Gavin Newsom extends the state’s historic tax credit (HTC) by one year. A.B. 150 includes a provision that extends the sunset date of the HTC from taxable years that start on or before Jan. 1, 2026, to those starting on or before Jan. 1, 2027. California’s state HTC is for 20% of qualified rehabilitation expenses (QREs), with a 5% bonus for certain types of property. There is a $50 million annual cap, with a $2 million set-aside for residences and an $8 million set-aside for developments with QREs of $1 million or less.
The interaction of state and federal HTCs will be among the topics at the Novogradac 2021 Historic Tax Credit Conference, Oct. 7-8 in Chicago. ....

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Delaware Extends $8 Million Cap on HTCs Through 2027

Delaware Extends $8 Million Cap on HTCs Through 2027
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Rhode Island Budget Legislation Extends HTC for 18 Months

Rhode Island Budget Legislation Extends HTC for 18 Months
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