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 →
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 Federal Reserve Board of Governors, Office of the Comptroller of the Currency (OCC), and Federal Deposit Insurance Corporation (FDIC) released a joint Notice of Proposed Rulemaking (NPR) to modernize the... read more →
The Internal Revenue Service has issued guidance (IRS Notice 2022-05) to extend key Housing Credit program deadlines and provide other flexibilities in light of the COVID-19 pandemic. The IRS initially provided Housing... 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 →
On December 1, the Internal Revenue Service (IRS) released guidance (see Revenue Ruling 2021-20 and Revenue Procedure 2021-43) to clarify the applicability of the minimum 4 percent Housing Credit rate.... 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 →
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 →