Taxes

OHFA awards additional $2.3 million in housing tax credits

COLUMBUS, OH - October 22, 2008 - (RealEstateRama) —  The Ohio Housing Finance Agency (OHFA) Board today announced the recipients of approximately $2.3 million in housing tax credits through an amendment to the 2008 Qualified Allocation Plan (QAP). These tax credits are awarded to 37 of the developments that received credits in July, as well as two […]

New Hampshire Housing Approves Three Projects for Tax Credit Reservations

Bedford, NH - October 25, 2008 - (RealEstateRama) — At its recent meeting, the Board of Directors of New Hampshire Housing Finance Authority approved the reservation of Federal Housing Tax Credits for three development projects that will add 70 new affordable rental units to the state’s housing supply.

Call on Lawmakers to Rollback Recent Increases to the Realty Transfer Fee and Reform New Jersey’s Broken Property Tax System

Edison, NJ - October 23, 2008 - (RealEstateRama) — Members of the New Jersey Association of REALTORS® (NJAR®) visited Trenton today to witness the legislative process in action and to discuss key issues that have an impact on property owners and the real estate industry, including realty transfer fees and property taxes. The first annual […]

GREGG, SUNUNU ANNOUNCE $65 MILLION IN FEDERAL TAX CREDITS FOR DEVELOPMENT PROJECTS IN NEW HAMPSHIRE COMMUNITIES

WASHINGTON, DC - October 20, 2008 - (RealEstateRama) — United States Senators Judd Gregg and John Sununu (R-NH) today announced that the United States Department of Treasury has awarded $65,000,000 in tax credits to the New Hampshire Business Finance Authority (NHBFA) for development initiatives in New Hampshire communities.  NHBFA will use the New Markets Tax […]

Snowe, Feinstein Tax Credit to Improve Energy Efficiency, Save Money and Reduce Pollution

WASHINGTON D.C. - October 20, 2008 - (RealEstateRama) — The Natural Resources Defense Council released a report last week applauding the Congressional passage of significant tax credit provisions introduced by U.S. Senators Olympia J. Snowe (R-Maine) and Dianne Feinstein (D-Calif.) within the Emergency Economic Stabilization Act of 2008 that will encourage energy efficient technology and […]

MaineHousing will sell bonds to Maine people

Sale will allow people to invest locally and help Maine’s real estate market
AUGUSTA, ME - October 17, 2008 - (RealEstateRama) — Starting this week Maine investors will have an golden opportunity to purchase a secure investment – while helping Maine people and Maine’s economy.

NJAR® Statement on Legislative Reaction to Economic Crisis

Edison, NJ - October 11, 2008 - (RealEstateRama) — New Jersey Association of REALTORS® (NJAR®) Executive Vice President Jarrod Grasso issued the following statement in reaction to ongoing efforts by the New Jersey Legislature to address the state’s adverse economic climate:

Governor Rell: Federal VA to Mail Vets Disability Verification Letters Required for Property Tax Relief

October 09, 2008 - (RealEstateRama) — Governor M. Jodi Rell announced today that the U.S. Department of Veterans Affairs (USVA) will soon be mailing disability verification letters required for local property tax relief to Connecticut’s 22,000 veterans.

Reid: Now is the Time for Action to Help Families Struggling to Keep their Jobs and Homes

Washington, DC - October 1, 2008 - (RealEstateRama) — Nevada Senator Harry Reid made the following statement today on the floor of the U.S. Senate regarding the Emergency Economic Stabilization Act of 2008/Energy Improvement and Extension Act of 2008/Tax Extenders and Alternative Minimum Tax Relief Act of 2008. Below are his remarks as prepared for […]

Florida Tax Exemptions Advance

U.S. Senate extends ability of Floridians to deduct sales and property taxes
WASHINGTON - October 03, 2008 - (RealEstateRama) — U.S. Senator Mel Martinez (R-FL) today announced that the U.S. Senate has extended the ability of Floridians to deduct sales tax and property tax from their federal income tax returns.