Chicago’s existing naturally occurring affordable housing stock decreased over 10% in the past decade, highlighting the need for continued tax credit-based development to provide housing to Chicago’s most vulnerable tenant populations. The Preservation Lab, an urban planning research effort by … Continued
The Massachusetts HDIP Tax Credit (Housing Development Incentive Program), now in its eighth year, is a desirable one-year tax credit offered to developers who build or redevelop a building into market-rate housing in one of the 26 designated Gateway Cities … Continued
Lumber costs continue a volatile path upwards as the Russian invasion of Ukraine combines with inflation concerns to spread volatility in the lumber markets. Since Russia began its invasion, American lumber futures have increased over 15% as weakened supply chains, … Continued
Here at Clocktower, we get a lot of calls and emails from people who ask, “I’ve got tax credits to sell. How do I sell them?” These are interesting requests for us, since all we do is work in Tax … Continued
The Port Volume Increase Tax Credit provides a tax incentive for certain companies that use Virginia port facilities. This credit may be claimed by taxpayers that are engaged in the manufacturing of goods or the distribution of goods as well … Continued