The Treasury Department recently released a report that analyzed the first year of the Low-Income Communities Bonus Credit Program. The program is part of the Biden-Harris Administration's "Investing in America" agenda and represents an unprecedented incentive to increase solar and wind installation in low-income communities.

HUD recently proposed guidance impacting Low-Income Housing Tax Credit (LIHTC) projects involved in Federal Housing Administration (FHA) Multifamily Rental and Risk Share programs. The proposed guidance is meant to close the qualified contract loophole in the LIHTC program.