Congressional News

Updated LIHTC Infographic Factsheets Available Now

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.

Senators Rob Portman and Al Franken Introduce Legislation to Extend the Housing Credit to Formerly Homeless Students and Veterans

July 31st, 2014

Today Senators Portman (R-OH)  and Franken (D-MN) introduced the Housing for Homeless Students Act of 2014. The legislation exempts full-time students who experienced homelessness at any point in the previous five years from the existing “student rule”. The student rule prevents full-time students from accessing Housing Credit units. The legislation also extends to veterans who […]

Housing Credit Legislation Introduced in the 113th Congress

May 23rd, 2014

Legislation designed to create permanent floors for both 9 percent and 4 percent allocated Housing Credits has now been introduced in both the Senate and the House. The House bill, introduced by Congressmen Tiberi (R-OH) and Neall (D-MA), is H.R. 4717 and currently has 67 cosponsors (32 Republicans and 35 Democrats).  The Senate bill, introduced […]

Congressmen Tiberi (R-OH) and Neal (D-MA) Reference AHTCC in Introducing Housing Credit Legislation

May 22nd, 2014

On Thursday, May 22, 2014 Congressmen Pat Tiberi (R-OH) and Richard Neal (D-MA) released a media release indicating they will introduce legislation which will create a permanent Credit floor for both 9 percent and 4 percent allocated Housing Credits. AHTCC expects the bill to drop later today and that it will include approximately 23 original […]

Senate Finance Committee Passes Extension of the 9 Percent Credit Floor and Fixes the 4 Percent Credit Floor

April 7th, 2014

On April 3, the Senate Finance Committee approved the Expiring Provisions Improvement Reform and Efficiency (EXPIRE) Act of 2014, which would extend dozens of expired and expiring tax provisions.

House Ways and Means Committee Chairman Dave Camp (R-MI) Protects Housing Credit in Tax Reform Discussion Draft

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.

Housing Credit Legislation Introduced in Senate

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 […]

Senators Maria Cantwell (D-WA) and John Barrasso (R-WY) Introduce Tribal Housing Legislation with Housing Credit Provisions

July 30th, 2013

On July 25, 2013 Senators Maria Cantwell (D-WA) and John Barrasso (R-WY) introduced S. 1352 the Native American Housing Assistance and Self-Determination Reauthorization Act of 2013. The bill currently enjoys 8 cosponsors including: Mark Begich (D-AK), Al Franken (D-MN), Heidi Heitkamp (D-ND), Mazie Hirono (D-HI), Tim Johnson (D-SD), Brian Schatz (D-HI), Jon Tester (D-MT) and […]

AHTCC Submits Comments on LIHTC to House Ways and Means Real Estate Tax Reform Working Group

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 […]

Bipartisan Policy Center Publishes Housing America’s Future: New Directions for National Policy

March 28th, 2013

On February 25, 2013 the Bipartisan Policy Center published a new report entitled Housing America’s Future: New Directions for National Policy.