The Affordable Housing Tax Credit Coalition The Affordable Housing Tax Credit Coalition
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The Affordable Housing Tax Credit Coalition The Affordable Housing Tax Credit Coalition
  • ABOUT
    • About the AHTCC
    • AHTCC Leadership
    • AHTCC Members
    • Contact Us
  • HOUSING CREDIT
    • About the Housing Credit
    • How It Works
    • Impact
      • Native Americans
      • Veterans
    • Resident Stories
    • Finding Housing
  • ADVOCACY
    • Advocate Today
    • AHCIA of 2021
    • Regulatory Issues
    • AHTCC Priorities
  • GALLERY
  • EVENTS
  • AWARDS
    • Charles L. Edson Tax Credit Excellence Awards
    • Affordable Housing Champion Award
    • David Reznick Lifetime Achievement Award
  • NEWS
  • JOIN
Aug 04

AHTCC Comments on OCC Tax Equity Finance Proposed Rule

  • August 4, 2020
  • 2020 News, Housing Credit, Regulatory Issues

The AHTCC has submitted comments on the Office of the Comptroller of the Currency’s (OCC) recent notice of proposed rulemaking (NPR) on the Activities and Operations of National Banks and Federal Savings Associations (see the OCC’s press release). While the majority of the NPR related to the energy sector, a section on a Tax Equity Finance Transaction rule (TEF Regulation) could allow an additional authority to invest in the Housing Credit beyond national banks’ Public Welfare Investment Authority and federal savings associations’ Community Development Investment Authority. In our comments, the AHTCC requested that the OCC clarify that the TEF Regulation is separate and apart from the Public Welfare Investment Authority and Community Development Investment Authority, and that the proposal is an addition but not a substitute for the existing authority. The comment window is now closed.

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The Affordable Housing Tax Credit Coalition is a trade organization of housing professionals who advocate in support of the Low-Income Housing Tax Credit

LATEST NEWS FROM AHTCC

  • AHTCC Sets Sight on 118th Congress After 2023 Spending Bill Excludes Tax Provisions
  • Reps. DelBene, Wenstrup, and Over 50 Others Urge House Leaders to Take Immediate Action on Housing Credit

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21 Dec 1605617019885322242

This year's omnibus spending bill left out provisions to strengthen #LIHTC, but we'll keep advocating in the new year to expand the #HousingCredit to build more safe, decent & #affordablehousing....

Read more in @AHFMag on the path forward for our advocacy:

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Spending Package Boost HUD Funding

Advocates disappointed that housing tax credit proposals were not included.

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