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 →
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 →
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 →
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 →
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 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 →
The AHTCC has launched a new Housing Credit Regulatory Issues Resouce Center, which covers some of the key regulatory issues impacting the Housing Credit, including IRS guidance in response to... 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 →
The Internal Revenue Service (IRS) has released guidance, effective today, that provides regulatory relief for the Housing Credit, which will address many of the obstacles to building and preserving affordable... 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 →
NOTE: This live webinar has since passed. For the webinar recording, click here. For the webinar slides, click here. The AHTCC has been pursuing a solution to address issues that... read more →
The Office of the Comptroller of the Currency (OCC) has released its final rule on Community Reinvestment Act (CRA) reform, just six weeks after more than 7,000 comments were submitted to the OCC and... read more →
The Affordable Housing Tax Credit Coalition (AHTCC) has been pursuing a solution to address issues that have arisen related to when Housing Credits could be claimed relative to the receipt... read more →
Today House Democrats released their $3 trillion Phase 4 COVID-19 relief legislation, the HEROES Act (see the bill text and section-by-section summary). The timeline for the House to consider the legislation is... read more →
The IRS has extended through July 15, 2020, a list of tax deadlines falling on or after April 1, 2020, and before July 15, 2020. These include the Housing Credit... read more →
Today Representatives Suzan DelBene (D-WA), Kenny Marchant (R-TX), Don Beyer (D-VA) and Jackie Walorski (R-IN), the lead sponsors of the Affordable Housing Credit Improvement Act (H.R. 3077), sent a letter... read more →