January 08, 2024
A Texas federal judge ordered a development partnership to pay nearly $600,000 of affordable housing tax credit funds to a group headed by PNC Bank, saying a magistrate judge's findings and recommendations in the matter were correct.
December 06, 2023
A development partnership has pushed back on a Texas magistrate judge's recommendation that it pay PNC Bank $600,000 from a tax credit settlement agreement, arguing it delivered the full amount of tax credit funds owed in the affordable housing deal being disputed.
October 31, 2023
A Texas magistrate judge has said PNC Bank is owed nearly $600,000 stemming from a settlement agreement with a former development partner that received a tax credit on an affordable housing project, after finding the developer failed to make the required payment.