• American Recovery and Reinvestment Act of 2009
  • March 12, 2009 | Authors: Barbara L. Portwood; Robyn L. Hansen; David W. Kelley; Jerry D. Perron; Andrew P. Lee
  • Law Firm: Leonard, Street and Deinard, [incorporation phrase format]Professional Association - Minneapolis Office
  • The American Recovery and Reinvestment Act of 2009 (the Act), expected to be signed by the President today, contains provisions intended to provide relief for low-income housing tax credit projects in response to the collapse of the tax-credit market, to enhance the marketability of certain tax-exempt bonds, and to provide additional financing options for infrastructure, schools and economic development through the use of tax-exempt and tax-credit bonds.