Applicant Eligibility: Nonprofit corporations or trusts organized to construct homes for members of the corporation or beneficiaries of the trust; and qualified sponsors who intend to sell the project to a nonprofit corporation or trust. Legal Authority: Section 213 of the National Housing Act (12 U.S.C. 1715e).
The tax years you can use are: 1  Calendar year - 12 consecutive months beginning January 1 and ending December 31. 2  Fiscal year - 12 consecutive months ending on the last day of any month except December. A 52-53-week tax year is a fiscal tax year that varies from 52 to 53 weeks but does not have to end on the last day of a month.
Counties Will Put Transportation Revenue to Good Use. April 13, 2017. It wonât happen overnight, but California counties will soon see a significant influx of new revenue from SB1, the transportation funding bill that passed through the Legislature last week. Governor Brown is expected to sign the bill soon after lawmakers return from their spring recess.