NMTC Qualifying Tracts 2011-2019 Los Angeles area.

CDFI Fund Awards $3.5 Billion in NMTCs

On Tuesday, February 13th, the U.S. Treasury Department’s Community Development Financial Institutions Fund (CDFI Fund) awarded a record $7 billion in New Markets Tax Credit allocation to 73 community development entities throughout the country. Based on the terms of the awards, it is expected that approximately $2.93 billion of allocation will be deployed to support […]

Read More
Tax Credit Video 2

Energy Tax Credit Renewed Retroactively

President Donald Trump signed a major budget deal into law early Friday morning, February 9, hours after Congress voted to end a brief government shutdown overnight. This budget bill also retroactively extends numerous tax breaks that had previously expired. The majority of the tax breaks included in the bill are renewed for one year through […]

Read More

Ascent Forms Partnership with Updater

Ascent Multifamily Accounting has formed a partnership with Updater, an integrated platform for move-in and property related services. The partnership offers Ascent’s clients up to a 33 percent discount for their residents to use the hugely popular move-in concierge service. Typical fees are $99 to $299 per year per property. “Updater is a great tool […]

Read More

Multi-Housing News Discusses Multifamily Trend

Multi-Housing News Discusses Multifamily Trend Years ago, the Harvard Business Review reported that “Outsourcing is not just a trend; it is an integral part of how smart companies do business.” Whether or not outsourcing is a trend, multifamily operations are beginning to adopt outsourcing in a big way. As reported in last month’s Multi-Housing News, […]

Read More

We’re Safe.

As most of you probably know by now, last night the largest mass shooting in U.S. history took place on the Las Vegas Strip. 58 people are dead and more than 500 are hurt.  While Las Vegans continue to reach out to friends, family, and colleagues to confirm their safety, we wanted you to know […]

Read More