Table of Contents

• Notice 2011-14
  • PURPOSE
  • THE HFA HARDEST HIT FUND PROGRAM
    • Overview
    • Approved State Programs and their Common Elements
  • THE EMERGENCY HOMEOWNERS’ LOAN PROGRAM AND SUBSTANTIALLY SIMILAR STATE PROGRAMS
    • Overview
    • Eligible Pre-Existing State Programs
    • Homeowners Eligible for Assistance and Operation of the EHLP and SSSPs
  • APPLICABLE PROVISIONS OF LAW
    • Characterization of Forgivable Loans and the HUD Notes
    • Income Tax Consequences to Homeowners
    • Information Reporting Obligations
  • SUMMARY OF FEDERAL TAX CONSEQUENCES OF PAYMENTS UNDER THE STATE PROGRAMS, THE EHLP, OR THE SSSPS TO ASSIST FINANCIALLY DISTRESSED HOMEOWNERS
  • PERSON TO CONTACT
• Notice 2011-18
  • PURPOSE
  • BACKGROUND
  • TRANSITIONAL INFORMATION REPORTING REQUIREMENTS FOR ISSUERS OF STOCK REPORTING ORGANIZATIONAL ACTIONS TAKEN IN 2011
  • DRAFTING INFORMATION
• Notice 2011-19
  • Purpose
  • Background
  • Readily tradable on an established securities market or established market
  • Effective Date
  • Drafting Information:
• Rev. Proc. 2011-20
  • SECTION 1. PURPOSE
  • SECTION 2. BACKGROUND
  • SECTION 3. INQUIRIES
  • SECTION 4. DRAFTING INFORMATION