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Now you can protect your affordable housing clients against the loss of tax credits

Author EdwardMurayama , 1/29/2013

Many apartment owners who operate low income housing or rehabilitated historic buildings also receive significant tax credits. If the units become uninhabitable, or if the building loses its historic designation, the owner may not be able to claim the loss of these tax credits. This creates a significant exposure to developers, owners, and investors of these properties. Standard Business Income coverage settles losses before income taxes, creating a gap you can now fill for your client.

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