Request for Clarification on Multifamily Bonds Public Use Requirement

Letter to the Internal Revenue Service (IRS) requesting clarification of the public use requirement for low- andmoderate-income multifamily housing facilities financed with proceeds of tax-exempt bonds (“Multifamily Bonds”). NABL indicates that market stakeholders and participants would benefit from a clarification that Group Preferences under Low Income Housing Tax Credit (LIHTC) rules also constitute public use…