Today the Internal Revenue Service issued long-awaited guidance (Notice 2021-12) to extend Housing Credit program deadlines and provide other flexibilities in light of the COVID-19 pandemic. In July, the IRS... read more →
After a tumultuous day in Washington, D.C., the AHTCC is looking ahead to resuming our work with our partners in Congress. Members of Congress, their staff, and those who work... read more →
Today the AHTCC submitted comments in response to the Internal Revenue Service's (IRS) proposed regulations regarding the average income test. The proposed regulations are intended to provide clarity around the... read more →
On December 27, President Trump signed a bipartisan year-end legislative package including a minimum 4 percent Housing Credit rate along with a disaster Housing Credit allocation, $25 billion in emergency... read more →
Yesterday congressional negotiators struck a deal on a bipartisan year-end legislative package, which would provide significant new resources for affordable housing at a time of increasingly urgent need, including the AHTCC’s... read more →
The AHTCC looks forward to working with Rep. Marcia Fudge (D-OH), President-Elect Biden’s nominee to serve as Secretary of the U.S. Department of Housing and Urban Development. Officially nominated by... read more →
The Affordable Housing Tax Credit Coalition (AHTCC) looks forward to working with President-Elect Joseph Biden, Vice President-Elect Kamala Harris, and the Biden-Harris Transition Team to ensure that every American has... read more →
The AHTCC and over 140 of our partners signed onto a letter to the Internal Revenue Service (IRS) and Treasury Department to request deadline extensions and other accommodations for the... read more →
The AHTCC and many of our partners are signing onto a letter to the Internal Revenue Service (IRS) and Treasury Department to request deadline extensions and other accommodations for the... read more →
Today with over 37,000 American veterans experiencing homelessness and more than 660,000 low-income veterans paying more than half of their income on rent, Veterans Day should drive a renewed effort... read more →
Though the outcome of some key races remains unknown, the 2020 elections will certainly lead to a changed landscape for the Housing Credit and affordable housing programs and policies in... read more →
The Federal Reserve Board of Governors (Federal Reserve) today released a draft Advance Notice of Proposed Rulemaking (ANPR) on Community Reinvestment Act (CRA) reform. The ANPR was unanimously approved by the Board... read more →
The Affordable Housing Tax Credit Coalition (AHTCC) has announced recipients of the 2020 Charles L. Edson Tax Credit Excellence Awards, recognizing outstanding affordable housing developments that have demonstrated especially impactful... read more →
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... read more →
Spearheaded by Reps. Suzan DelBene (D-WA) and Jackie Walorski (R-IN), a bipartisan group of 103 House members today urged Congressional leaders to include measures in an upcoming pandemic relief bill that... read more →
More than sixty Representatives have signed on to a letter in over just one week urging House leadership to include Housing Credit priorities in the next COVID-19 response package. In order... read more →
Affordable housing champions Reps. Suzan DelBene (D-WA) and Jackie Walorski (R-IN) are requesting signatories for a letter to House Leadership urging the enactment of Housing Credit priorities in response to the... read more →
The AHTCC applauds the inclusion of provisions to expand and strengthen the Low-Income Housing Tax Credit (Housing Credit) in the Moving Forward Act, which passed the House of Representatives today... read more →
Senate Finance Committee Ranking Member Ron Wyden (D-OR) and lead sponsor of the Affordable Housing Credit Improvement Act Sen. Maria Cantwell (D-WA) have introduced the Emergency Affordable Housing Act of... read more →
Today House leadership released the text of their $1.5 trillion infrastructure proposal – HR 2, the Moving Forward Act (see outline, section-by-section, and bill text). The AHTCC applauds the bill’s... read more →