Yesterday the Biden-Harris Administration released a fact sheet announcing new proposals to “Lower Housing Costs for Working Families,” which included a call for Congress to expand the Housing Credit to... read more →
The Affordable Housing Tax Credit Coalition joined a letter signed by 120 national and state affordable housing and community development organizations to Senate leadership, urging the Senate to enact the... read more →
Legislation includes top Housing Credit priorities to restore 12.5 percent allocation increase and lower 50 percent bond financing threshold This evening the House of Representatives voted overwhelmingly to pass The... read more →
Last night reports indicated that House Speaker Mike Johnson (R-LA) is planning to hold a vote this week on bipartisan tax legislation, "The Tax Relief for American Families and Workers Act of... read more →
Legislation includes top Housing Credit priorities to restore 12.5 percent allocation increase and lower 50 Percent bond financing threshold Today the House Ways and Means Committee marked up and approved... read more →
Provisions in current tax package would finance more than 200,000 affordable homes by strengthening the Low-Income Housing Tax Credit The Affordable Housing Tax Credit Coalition (AHTCC) today applauded an agreement... read more →
Bipartisan Tax Agreement Restores 12.5 Percent Allocation Increase and Lowers 50 Percent Bond Financing Threshold Today Senate Finance Committee Chairman Ron Wyden (D-OR) and House Ways and Means Committee Chairman... read more →
On December 21, 2023 the Federal Housing Finance Agency (FHFA) announced that the Government-Sponsored Enterprises (the Enterprises) Fannie Mae and Freddie Mac will each be allowed to invest up to $1... read more →
In an overwhelming show of bipartisan support, today 200 members of the House of Representatives have pledged their support of the Affordable Housing Credit Improvement Act (AHCIA), legislation to expand... read more →
The AHTCC applauds the reintroduction of legislation that would expand and strengthen the Low-Income Housing Tax Credit (Housing Credit) and finance nearly 2 million additional affordable homes than otherwise possible over the... read more →
Today the Biden Administration released its fiscal year (FY) 2024 budget proposal, which outlines the Administration’s priorities heading into the FY 2024 budget and appropriations cycle. This year’s budget proposal includes... read more →
On March 7, 2023, the Senate Finance Committee held a hearing on "Tax Policy’s Role in Increasing Affordable Housing Supply for Working Families," during which the Low-Income Housing Tax Credit... read more →
Today Congresswoman Suzan DelBene (D-WA), Congressman Brad Wenstrup (R-OH) and over 50 other Representatives called on House leadership to take action on the Low-Income Housing Tax Credit (Housing Credit) in... read more →
The AHTCC and our partners have begun preparing for the possibility of year-end tax legislation by urging the inclusion of our Low-Income Housing Tax Credit (Housing Credit) priorities: restoring and expanding on... read more →
The Affordable Housing Tax Credit Coalition applauds the significant progress announced today on the Biden Administration’s Housing Supply Action plan, which includes new guidance to provide flexibility to the Low-Income Housing... read more →
On August 16, 2022, President Biden signed into law the Inflation Reduction Act (see bill text), a budget reconciliation package which focuses on three main policy issues—climate and energy, healthcare... 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 →
In two recent Congressional hearings, the Low-Income Housing Tax Credit (Housing Credit) received positive mentions and comments of bipartisan support from various members of Congress. The hearings were hosted by... read more →