On April 16, 2020, the Trump Administration released its Guideline to Reopen America Again.
IRS Provides Short-Term Extensions to Certain Housing Credit and Housing Bond Deadlines Due to COVID-19
The A.C.T.I.O.N. Campaign, which CARH is a member, published the following blog post: ACTION partners have been urging the IRS and the Treasury to take immediate action to provide deadline extensions and other necessary accommodations for the Housing Credit program in light of the severe disruptions the COVID-19 pandemic is having on development and construction…
Multifamily Q&A for COVID-19 (April 14, 2020)
Released from Rural Development Multifamily Housing: Multifamily Housing Partners, Rural Development is continuing to receive questions on COVID-19 (Coronavirus) related issues as they affect Multifamily housing properties across the country and would like to provide additional guidance. Your assigned Servicing Official should remain your primary contact for questions, but the below consolidated frequently asked questions…
USDA published the following: USDA Unveils Tool to Help Rural Communities Address the COVID-19 Pandemic
April 13, 2020 — Roll Call Rural Housing Losses Feared Despite Rescue Spending
Recordings of Member Conference Calls; New COVID-19 Info Section on CARH Website; and Additional COVID-19 Updates
CARH’S BROADCAST E-MAIL – Member Update We would like to thank all of you who connected to one or both of the conference calls that were held yesterday that provided updates on regulatory, legislative, and best practices for our members. CARH would also like to especially thank the panelists who took the time to share…
USDA Implements Immediate Measures to Help Rural Residents, Businesses and Communities Affected by COVID-19
On April 8, the USDA published a stakeholder announcement regarding implementation of immediate measures to help rural residents, businesses, and communities affected by COVID-19.
IRS Releases Guidance to Allow Partnerships to Amend 2018 and 2019 Tax Returns and Benefit from Bonus Depreciation Changes in CARES Act
At CARH’s January Midyear Meeting, the Developers/Owners Joint Committee made a recommendation to CARH’s Board of Directors to make members aware of an issue that will impact how LIHTC partnership/tax returns can be amended for tax years that began in 2018. Communicate concerns to other industry groups in an effort to garner changes to the…
CARH Submits Comments on OCC’s Notice of Proposed Rulemaking Regarding the Community Reinvestment Act
CARH submitted comments to the Office of the Comptroller of the Currency in response to the Notice of Proposed Rulemaking Regarding the Community Reinvestment Act published in the Federal Register.