Lee Peterson Author Archives

A Positive Step: Regulators Propose Clarification That Renewable Energy Component in LIHTC Projects Should Receive CRA Consideration

4 min read

On September 8, 2014, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC) proposed clarifying existing federal regulations to clearly encourage the use of “green” energy in low-income housing tax credit (LIHTC) projects.