SAHF Submits Recommendations to IRS on 2023-2024 Priority Guidance Plan

June 09, 2023

Stewards of Affordable Housing for the Future (SAHF) submits recommendations to IRS on 2023-2024 Priority Guidance Plan. In this letter, SAHF urges the Department of the Treasury (Treasury) and the Internal Revenue Service (IRS) to issue guidance to better assure preservation of Low Income Housing Tax Credit (Housing Credit) properties, by clarifying provisions related to the right of first refusal (ROFR), including relocation expenses in rehabilitation expenditures, and better restricting planned foreclosures.

Download the full letter here.