The Traderszone Network

Published in TZ Latest News 16 May, 2017 by The TZ Newswire Staff

WATCH: The principals of Slate discuss why they’re all for income averaging

Slate Property Group founders Martin Nussbaum and David Schwartz recently visited The Real Deal’s offices, where they voiced support for income averaging at properties that qualify for the Low Income Housing Tax Credit, or LIHTC. As it stands, an individual’s income at buildings that receive the tax credit cannot exceed 60 percent of the area’s median income. The new method would allow developers and landlords to combine that figure among all tenants — thus opening the door to […]

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