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 a majority of the House Democratic caucus called on House leadership to expand and strengthen the Low-Income Housing Tax Credit (Housing Credit) as part of any infrastructure reconciliation legislation. Led by... 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 →
The Affordable Housing Tax Credit Coalition applauds the reintroduction of legislation that could expand and strengthen the Low-Income Housing Tax Credit (Housing Credit) to finance more than 2 million additional... 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 →
American Rescue Plan Includes Over $40 Billion for Housing Today the House approved the American Rescue Plan (see the final text and section-by-section summary), a $1.9 trillion package proposed by President Biden to... read more →
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 →