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This revenue procedure provides issuers of qualified mortgage bonds under § 143(a) of the Internal Revenue Code, and issuers of mortgage credit certificates under § 25(c), with a list of qualified census tracts for determining income limits for targeted area residences. This revenue procedure modifies and supersedes Rev. Proc. 2014-14, 2014-2 I.R.B. 295.
Qualified Mortgage Bonds – Qualified Census Tracts.
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