Sentences with phrase «annual federal tax credit»

In the 2013 funding competition, a Norstar development in Buffalo called Waterfront Apartments Phase 1 got a $ 1 million annual federal tax credit for a decade from HCR.

HCR's annual Federal tax credit allocation generated more than $ 8.5 million in equity.

Not exact matches

Mortgage insurance premiums paid monthly may be credited against your annual federal income tax returns.

WHEDA Tax Advantage - Those who are eligible for a WHEDA loan can apply for the tax advantage program, which cuts down on the amount of federal taxes a buyer owes by claiming up to 40 % of annual mortgage interest as a tax credTax Advantage - Those who are eligible for a WHEDA loan can apply for the tax advantage program, which cuts down on the amount of federal taxes a buyer owes by claiming up to 40 % of annual mortgage interest as a tax credtax advantage program, which cuts down on the amount of federal taxes a buyer owes by claiming up to 40 % of annual mortgage interest as a tax credtax credit.

You certainly want to receive the annual $ 11,474 (in 2016) of the tax - free zone called the Basic Personal Amount, plus for those who qualify, the $ 2,000 annual Pension Credit; and for those 65 or older the $ 7,125 federal Age Credit (in 2016) further expands the tax - free or very low tax zone that many new or semi-retirees may occupy between their 60s and 71.

Each year, the premium assistance tax credit thresholds are adjusted for annual inflation - adjusted Federal Poverty Levels.

Uncertainty surrounding the extensions and modifications of the federal production tax credit (PTC) over the past several years led to large fluctuations in annual wind additions.

In December 2015, the federal legislature extended the 30 % solar income tax credit through the end of 2019, which is available to all American homeowners that wish to install solar and have an annual federal income tax liability against which this credit can be claimed.

• Prepared quarterly and annual state and federal tax returns according to the latest tax code, applying all applicable deductions and credits to minimize tax liability.

Under the expansion, beginning this year, the federal government will give $ 1.50 in annual federal tax - credit authority for each person in a state, up from $ 1.25 per person.

An annual average of just over 200,000 affordable units are expected to lose federal funding due to expiration under their respective affordable programs over the next 10 years, with the majority of those units conceived under the Low Income Housing Tax Credit (LIHTC).

First - time home buyers may also be eligible for a VHDA Mortgage Credit Certificate, a dollar - for - dollar federal income tax credit equal to 20 percent of the borrowers annual mortgage interest payCredit Certificate, a dollar - for - dollar federal income tax credit equal to 20 percent of the borrowers annual mortgage interest paycredit equal to 20 percent of the borrowers annual mortgage interest payments.

CalHFA also partners with local counties to provide access to Mortgage Credit Certificates that may enable first - time homebuyers to convert a portion of their annual mortgage interest into a dollar - for - dollar tax credit on their federal income tax reCredit Certificates that may enable first - time homebuyers to convert a portion of their annual mortgage interest into a dollar - for - dollar tax credit on their federal income tax recredit on their federal income tax returns.

If you get an MCC, 20 % of your annual mortgage interest will be a direct federal tax credit.