October 14, 2021
A suit from an investment group contesting an affordable housing not-for-profit's efforts to purchase a housing tax credit project was properly dismissed by a Massachusetts federal court, the First Circuit said, ruling the lower court lacked jurisdiction.
April 30, 2021
A low-income housing tax credit project shouldn't be sold to a third party because the developer was contractually obligated to allow a nonprofit the chance to purchase the property at a discounted price, the nonprofit told the First Circuit.