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.
August 29th, 2014
Linked here is a complaint in a lawsuit filed recently in US District Court in Texas by Inclusive Communities Project, Inc. (the plaintiff in the Texas Department of Housing and Community Affairs fair housing suit from a couple years ago) against the United States Treasury Department and Office of the Controller of the Currency (the […]
August 19th, 2014
AHTCC Board approves new strategic planning document
May 22nd, 2014
On May 20th, AHTCC joined 151 additional business associations on a letter encourage the Senate to pass its extender legislation – the EXPIRE Act. The bill includes an extension of the 9 percent Credit floor and the creation of a 4 percent Credit floor for allocated Credits. The letter was delivered to each Senator’s office […]
February 26th, 2014
The Affordable Housing Tax Credit Coalition is pleased to see that House Ways and Means Committee Chairman Dave Camp (R-MI) has retained the Low Income Housing Tax Credit (Housing Credit) program in the tax reform discussion draft released today, February 26th.
February 4th, 2014
AHTCC Congratulates New Board of Directors
August 2nd, 2013
Yesterday, August 1, 2013, Senator Maria Cantwell (D-WA) introduced legislation to permanently extend the 9 percent Credit floor and create a 4 percent Credit floor for allocated Credits. The bill is identical substantively to the legislation AHTCC and other industry groups advocated for last year which resulted in a temporary extension of the 9 percent […]
June 20th, 2013
On June 14, 2013, AHTCC Submitted comments to the Financial Accounting Standards Board (FASB) regarding proposed changes to accounting standards for Housing Credit properties. AHTCC has been working with FASB in an effort to allow effective yield accounting methods to be utilized for Housing Credit deals.
April 15th, 2013
As previously reported, the House Committee on Ways and Means is currently considering ways to reform the Internal Revenue Code. As part of this effort, the Committee has created 11 tax reform working groups which will each review specific portions of the Tax Code. The Working Groups provided an opportunity for the general public to […]
April 10th, 2013
On April 10, 2013, President Obama released his FY2014 budget which included five provisions related to the Low Income Housing Tax Credit (Housing Credit) program. Specifically, the budget provisions included are: States would be empowered to convert some private-activity-bond volume cap into authority to allocate additional Housing Credits. This proposal would give each State more […]