IRS Notice 2022-52 and Average Income Test Final Rule

Friday, October 7th, the Arizona Department of Housing (ADOH) received Notice 2022-52 from the Department of Treasury and the Internal Revenue Service. This Notice extends previous relief for placed-in-service deadlines, the reasonable period for restoration or replacement in the event of casualty loss, and agency correction periods and compliance monitoring.

Download Information Bulletin 74-22 on the Publications page for more information.