2017 Average Area and Nationwide Purchase Price Safe Harbor Limits

Internal Revenue Service Revenue Procedure 2017-27 Regarding Mortgage Revenue Bonds and Mortgage Credit Certificates

Hawkins Advisory

On Friday, March 17, 2017, the Internal Revenue Service released the attached Rev. Proc. 2017-27 updating average area and nationwide purchase price safe harbor limits for the Mortgage Revenue Bond and Mortgage Credit Certificate programs. We call to your attention the major provisions of Rev. Proc. 2017-27.

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