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 […]
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 14th, 2012
On February 13, 2012 President Obama released his proposed 2012 budget. Included are 4 Low Income Housing Tax Credit provisions. Encourage Mixed Income Occupancy By Allowing LIHTC-Supported Projects to Elect a Criterion Employing a Restriction on Average Income: This proposal would allow developments to lease to residents earning up to 80% of area median income (AMI) […]
May 14th, 2010
On May 6, 2010 Senator Maria Cantwell (D-WA) introduced the Job Creation and Affordable Housing Act of 2010 on behalf of herself and Senators John F. Kerry (D-MA) and Barbara Boxer (D-CA).
March 19th, 2010
On Thursday, March 18, 2010 Senator Jeff Bingaman (D-MN) introduced the Low Income Housing Tax Credit Recovery Act of 2010. The legislation includes the five year carryback proposal AHTCC and other industry groups have been advocating on behalf of.
August 4th, 2009
AHTCC has joined with many other industry groups to advance a set of proposals designed to stimulate investment in the Housing Credit program. A new website, A.C.T.I.O.N. (A Call To Invest in Our Neighborhoods), has been created to track the progress of this industry-wide effort.