At a time when the spread between taxable and tax exempt debt is historically small, Massachusetts should use more tax exempt volume cap bonds for affordable housing to generate the additional benefit of low income housing tax credits.
Category Affordable Housing
Mark Zuckerberg and Priscilla Chan are gradually giving away 99% of their Facebook stock via an LLC. Although untraditional, there are benefits to this strategy.
Category Trusts And Estates
The Obama Administration’s 2016 budget proposal includes an amendment to the TCPA aimed at easing the obligation on student loan servicers and debt collectors to comply with the provisions of the TCPA.
Category Data Privacy
The White House and Department of Education want to see changes to the Telephone Consumer Protection Act (“TCPA”) that would make it easier for entities servicing federal student loans to contact borrowers on their cell phones by allowing servicers to use autodialers and prerecorded messages without the prior consent required by the TCPA. The White House argues that these changes could save the federal government millions of dollars by preventing delinquencies and defaults on federal student loans.