Damage, destruction, or loss of property resulting from an identifiable event that is sudden, unexpected, or unusual. Owners should be able to prove that casualty losses were the direct result of the casualty and not as a result of normal use, an
Emergency Housing Due to Texas Severe Winter Storms (DR-4586-TX): In response to the Texas Severe Winter Storms, identified by FEMA as DR-4586-TX, IRS Revenue Procedure 2014-49 allows Housing Tax Credit and Tax Exempt Bond units to be occupied by