other · IRS · Rule · Published 1997-01-27 · Effective 1997-01-27 · 62 FR 3792
Document
Document number
97-1790
Federal Register citation
62 FR 3792
CFR reference
26 CFR 1
Type
Rule
Action
Temporary regulations.
Category
other
Sub-agency
IRS
Publication date
1997-01-27
Effective date
1997-01-27
Treasury docket
TD 8713
Abstract
This document contains temporary regulations with respect to the low-income housing tax credit relating to the application of section 42(d)(5) to certain rental assistance programs under section 42(g)(2)(B)(i). The regulations clarify that certain types of federal rental assistance payments do not result in a reduction in the eligible basis of a low-income housing building. The text of these regulations also serves as the text of the proposed regulations set forth in the notice of proposed rulemaking on this subject in the Proposed Rules section of this issue of the Federal Register.