«Regardless of the fate and style of comprehensive tax reform, tax professionals do anticipate
tremendous change in tax
credits and incentives,» said Kate Barton, EY Americas Vice Chair of Tax Services.
As it relates to CRE finance, CHOICE Act 2.0 is likely to focus on risk retention,
changes in the oversight of
credit rating agencies, repeal of the Volcker rule, and a deeper dive into the options for ending the conservatorship of Fannie Mae and Freddie Mac, who provide significant amounts of debt capital to multifamily borrowers and see
tremendous demand from bond investors
in their multifamily loan securitizations.