Effective Date Issues Regarding Single Family Purchase Price Safe Harbors
This Hawkins Advisory relates to the release of Internal Revenue Service Revenue Procedure 2010-25, which provided updated safe harbor purchase price limits for single family qualified mortgage bonds. For what may be the first time since safe harbor limits have been provided, certain of these limits have decreased from the prior effective safe harbors, including the limit for “all other areas”.
Also of Interest
- Qualified Opportunity Zones
This Hawkins Advisory issue describes the Qualified Opportunity Zones - IRC Sections 1400Z-1 and 1400Z-2.
- 2018 Area Median Gross Income Figures
This issue of the Hawkins Advisory contains information of specific interest to single-family housing bond issuers regarding area median gross income figures.
- Rev. Proc. 2018-26: Supplemental Remedial Action Rules for Tax Advantaged Bonds
This issue of the Hawkins Advisory describes remedial action provisions set forth in Rev. Proc. 2018-26.
- Average Area and Nationwide Purchase Price Safe Harbor Limits
This issue of the Hawkins Advisory contains information of specific interest to single-family housing bond issuers regarding Average Area and Nationwide Purchase Price Safe Harbor Limits.