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Its mission was to promote quality construction for Texans by registering industry members and residential construction projects; providing information and educating homeowners and the residential construction industry; acting as a resource for complainants; and offering a neutral, technical review of alleged post-construction defects.
Codes regulate the design and construction of structures where adopted into law. Examples of building codes began in ancient times. [3] In the USA the main codes are the International Building Code or International Residential Code [IBC/IRC], electrical codes and plumbing, mechanical codes.
The New Markets Tax Credit is outlined in Section 45D of the Internal Revenue Code. [10] Unlike many other tax credit programs (such as the Low-Income Housing Tax Credit Program , which was made a permanent part of the Internal Revenue Code in 1993 under the Clinton administration), as a non-permanent program, the New Markets Tax Credit has ...
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The International Code Council (ICC), also known as the Code Council, is an American nonprofit standards organization sponsored by the building trades, which was founded in 1994 through the merger of three regional model code organizations in the American construction industry. [1]
The LIHTC provides funding for the development costs of low-income housing by allowing an investor (usually the partners of a partnership that owns the housing) to take a federal tax credit equal to a percentage (either 4% or 9%, for 10 years, depending on the credit type) of the cost incurred for development of the low-income units in a rental housing project.
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construction-institute.org The Construction Industry Institute ( CII ), based at The University of Texas at Austin , is a non-profit consortium of more than 130 owner, engineering-contractor, and supplier firms from both the public and private arenas. [ 2 ]