We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.
The National Multi Housing Council and the National Apartment Association (NMHC/NAA ) recently led a 10-member industry effort to submit formal comments to the Internal Revenue Service (IRS) on a proposed rule (77 FR 46987) that would make changes to current regulations governing utility allowances at Low-Income Housing Tax Credit (LIHTC) properties in cases where residents pay their own utilities.