November 18th, 2014
Earlier today AHTCC joined more than 525 associations, nonprofit groups, and industry coalitions on letters address to the House of Representatives and Senate in support for broad tax extenders legislation. As previously reported, the Senate version of extenders legislation does include an extension of the 9% Credit floor and a new floor for 4% allocated Credits. AHTCC is hopeful that the House will support these provisions in the final extenders bill.
September 26th, 2014
The IRS has released a new Audit Technique Guide for the LIHTC program.
September 13th, 2014
As part of our ongoing efforts to provide you with the most effective tools for advocating for the preservation, expansion and improvement of the Housing Credit,new infographic fact sheets showing the impact of the Low-Income Housing Tax Credit in every state and congressional district are now available on our website and on the ACTION website.
AHTCC’s Marketing and Communications committee worked with the ACTION campaign to create this useful resource for our members, with updated messaging and a visually compelling design to communicate the incredible results of the Housing Credit in communities nationwide.
The infographic fact sheets use the latest data available on the number of affordable apartments built or preserved from the National Council of State Housing Agencies’ 2012 Factbook and HUD’s National Low Income Housing Tax Credit database. Using economic impact multipliers from the National Association of Home Builders, they also include estimates from the number of jobs supported and local income and tax revenue generated.