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The IRS recently announced that it has provided temporary relief from certain requirements of the Internal Revenue Code to allow owners and operators of LIHTC sites located anywhere in the United States and its possessions to provide temporary emergency housing to individuals who are displaced by a major disaster from their principal residences, regardless of income. In addition to normally applicable LIHTC income limits, the IRS has authorized owners and operators to disregard transience rules, or requirements for a minimum length of occupancy.