New York’s S9571 bill would allow state low-income housing tax credits to be transferred multiple times, subject to agency approval and documentation. The change could make credits more liquid, attract more investors, and help finance affordable-housing construction and preservation. The bill is still awaiting the governor’s signature; implementation details and federal tax implications remain to be clarified.Read More
Pending Legislation Unlocks New Financing Options for New York State Affordable Housing Developers
