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Home Builders Applaud New IRS Regulations on Utility Allowances for LIHTC Properties

Montgomery, AL - July 30, 2008 - (RealEstateRama) — Calling it a victory for affordable housing, the National Association of Home Builders (NAHB) applauded new regulations issued by the Internal Revenue Service (IRS) that give Low Income Housing Tax Credit (LIHTC) property owners more flexibility in the way they calculate utility allowances for their low-income residents.

Free Rebuilding and Repair Advice Available in Lee County

As Alabamians repair or rebuild their homes damaged by the March 3 tornadoes and straight-line winds, FEMA and home-improvement stores in Lee County are teaming up to provide free information and literature on making homes stronger and safer