This week the Senate Banking Committee held a hearing titled Perspectives on Challenges in the Property Insurance Market and the Impact on Consumers, a topic that has gained coverage and... read more →
The Affordable Housing Credit Improvement Act (AHCIA) of 2023 (H.R.3238/S.1557) continues to gain bipartisan support in the 118th Congress at a faster pace than in any previous Congress. As Congress... read more →
The need for solutions to address rising insurance costs in response to stressors, such as climate change-related disasters, inflation, and climbing construction costs, is gaining media attention. The increased cost... read more →
The Affordable Housing Credit Improvement Act (AHCIA) of 2023 (H.R.3238/S.1557) has reached a major milestone with one-third of Congress now expressing support for the bill - 151 Representatives and 28... read more →
It is difficult to overstate the impact that access to safe, stable housing has on health. Housing is one of the most well-researched social determinants of health and, among other... read more →
In a show of strong bipartisan support, more than 100 members of the U.S. House of Representatives have cosponsored the Affordable Housing Credit Improvement Act (AHCIA) of 2023 just three... read more →
The omnibus appropriations bill that passed at the end of 2022 missed a critical opportunity to restore and expand affordable housing production at a time of skyrocketing need. The Consolidated... read more →
Today the AHTCC submitted comments to the Federal Reserve Board of Governors, Office of the Comptroller of the Currency (OCC) and Federal Deposit Insurance Corporation (FDIC) in response to the... read more →
The AHTCC urges all affordable housing stakeholders to comment on the interagency Notice of Proposed Rulemaking (NPR) on Community Reinvestment Act (CRA) reform issued in May 2022 by the Federal... read more →
New guidance issued by the Treasury Department today will address statutory barriers to using American Rescue Plan (ARP) State and Local Fiscal Recovery Funds (SLFRF) for the development of Housing Credit properties. A total... read more →
Today, the Biden Administration released its fiscal year (FY) 2023 budget proposal, which indicates the Administration’s priorities heading into the FY 2023 budget and appropriations cycle. This year’s budget proposal includes an additional $10... read more →
Today the Senate Finance Committee released its portion of the updated Build Back Better reconciliation bill, which would provide an historic investment in the Housing Credit and finance 819,900 affordable... read more →
On December 2, the AHTCC and 30 of our leading affordable housing industry partners sent a letter to the IRS and the Treasury Department urging the agencies to issue a final rule on... read more →
This morning the House of Representatives passed the Build Back Better reconciliation bill (see bill text and section-by-section), which could finance nearly 812,000 additional affordable homes than otherwise possible over the next decade by investing nearly $12... read more →
Today the White House is beginning to roll out major components of the initial plan for Build Back Better reconciliation legislation, with the goal of making significant progress on the bill... read more →
Last night the House Ways and Means Committee released its draft of the Infrastructure Financing and Community Development portion of the Build Back Better reconciliation legislation (see bill text and section-by-section), which proposes the... read more →
Today the Biden Administration announced that the American Jobs Plan infrastructure proposal would provide $55 billion of additional investment for the Low-Income Housing Tax Credit (Housing Credit), allowing for the production or preservation... read more →
Today the Biden Administration released more details on its American Jobs Plan, calling for an expansion of the Low-Income Housing Tax Credit (Housing Credit). The $2.25 trillion American Jobs Plan infrastructure outline... read more →
Today the IRS held a hearing on proposed Low-Income Housing Tax Credit (Housing Credit) Average Income Test Regulations, in which Emily Cadik, Executive Director of the AHTCC, and Michael Gaber,... read more →
Today the AHTCC submitted comments in response to the Federal Reserve Board of Governor's Community Reinvestment Act (CRA) reform proposal. We thank the AHTCC CRA Working Group, which represents over... read more →