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

NAHB -
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.
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