Judge reviewing GHURA's award of tax credits - KUAM.com-KUAM News: On Air. Online. On Demand.

Judge reviewing GHURA's award of tax credits

Posted: Updated:

by Mindy Aguon

Guam - Agat Housing Partners is waiting on Superior Court Judge Vern Perez to determine whether the Guam Housing and Urban Renewal Authority made the right decision when it allocated $2.4 million in tax credits to Ironwood Heights Guam, LLC. As we reported last year, Agat Housing Partners alleged GHURA violated the Low-Income Housing Tax Credit Program by accepting solicitations from Ironwood Heights Guam, LLC that allegedly wasn't a legal organized entity at the time they received the award. 

In January the judge denied GHURA's motions to dismiss the suit and said he would review the agency's decision making process in awarding the tax credits. GHURA was also ordered to desist from further proceedings concerning the LIHTC program.

GHURA legal counsel Mark Smith says a decision must be made soon, otherwise Guam could lose out on the project financing.

  • NEWS HEADLINESMore>>

  • Get informed during Guam Invasive Species Awareness Week

    Get informed during Guam Invasive Species Awareness Week

    All week long it's Guam Invasive Species Awareness Week. Events will inform the public on how to protect Guam against invasive species, like brown tree snakes and rhino beetles. Topics include "What's killing my Plants?", a USDA Plant Inspection Facility Tour, screening of the documentary "An Acquired Taste" about hunting at the Guam Museum, and a Brown tree snake control workshop. "What's Killing my Plants" UOG CNAS Extension and Outreach Program ...More >>
    All week long it's Guam Invasive Species Awareness Week. Events will inform the public on how to protect Guam against invasive species, like brown tree snakes and rhino beetles. Topics include "What's killing my Plants?", a USDA Plant Inspection Facility Tour, screening of the documentary "An Acquired Taste" about hunting at the Guam Museum, and a Brown tree snake control workshop. "What's Killing my Plants" UOG CNAS Extension and Outreach Program ...More >>
  • Guns, drugs found in Mangilao raid

    Guns, drugs found in Mangilao raid

    Nearly a dozen guns, glass pipes and marijuana. GPD investigators finding those items during a raid in Mangilao on Thursday. 65 year old Jesus San Agustin and 27 year old Jessiree Dolores Meno are charged with theft by receiving stolen property. San Agustin is also charged with illegally possessing drugs and firearms. Police say the search warrant was executed as authorities were looking into a burglary investigation. That's when they made the find confiscating a 12 gauge shotgun, tw...More >>
    Nearly a dozen guns, glass pipes and marijuana. GPD investigators finding those items during a raid in Mangilao on Thursday. 65 year old Jesus San Agustin and 27 year old Jessiree Dolores Meno are charged with theft by receiving stolen property. San Agustin is also charged with illegally possessing drugs and firearms. Police say the search warrant was executed as authorities were looking into a burglary investigation. That's when they made the find confiscating a 12 gauge shotgun, tw...More >>
  • Schools conducting morning sweeps

    Schools conducting morning sweeps

    Guam schools are being put on alert. Guam Department of Education leaders instructed school administrators to conduct a sweep of their campuses before students and employees show up on Friday.  The notice coming out of Guam Homeland Security following a threat that targeted Guam High School Thursday afternoon. The threat forced an evacuation of the school and the surrounding area. Though local and military first responders found no threat at the campus, Guam Homeland officials a...More >>
    Guam schools are being put on alert. Guam Department of Education leaders instructed school administrators to conduct a sweep of their campuses before students and employees show up on Friday.  The notice coming out of Guam Homeland Security following a threat that targeted Guam High School Thursday afternoon. The threat forced an evacuation of the school and the surrounding area. Though local and military first responders found no threat at the campus, Guam Homeland officials a...More >>
Powered by Frankly