The Affordable Housing Tax Credit Coalition The Affordable Housing Tax Credit Coalition
  • ABOUT
    • About the AHTCC
    • AHTCC Leadership
    • AHTCC Members
    • Contact Us
  • HOUSING CREDIT
    • About the Housing Credit
    • How It Works
    • Impact
      • Native Americans
      • Veterans
    • Resident Stories
    • Finding Housing
  • ADVOCACY
    • Advocate Today
    • AHCIA of 2021
    • Regulatory Issues
    • AHTCC Priorities
  • GALLERY
  • EVENTS
  • AWARDS
    • Charles L. Edson Tax Credit Excellence Awards
    • Affordable Housing Champion Award
    • David Reznick Lifetime Achievement Award
  • NEWS
  • JOIN
The Affordable Housing Tax Credit Coalition The Affordable Housing Tax Credit Coalition
  • ABOUT
    • About the AHTCC
    • AHTCC Leadership
    • AHTCC Members
    • Contact Us
  • HOUSING CREDIT
    • About the Housing Credit
    • How It Works
    • Impact
      • Native Americans
      • Veterans
    • Resident Stories
    • Finding Housing
  • ADVOCACY
    • Advocate Today
    • AHCIA of 2021
    • Regulatory Issues
    • AHTCC Priorities
  • GALLERY
  • EVENTS
  • AWARDS
    • Charles L. Edson Tax Credit Excellence Awards
    • Affordable Housing Champion Award
    • David Reznick Lifetime Achievement Award
  • NEWS
  • JOIN

Legislative and Regulatory Priorities

Since 1988, the AHTCC has been at the forefront of efforts to protect, strengthen, and expand the Housing Credit.

In 2022, the AHTCC is focusing on the below priorities.

1

We urge Congress to increase affordable rental housing production by expanding and strengthening the Housing Credit. We encourage enactment of the proposals included in the Affordable Housing Credit Improvement Act (AHCIA), comprehensive, bipartisan legislation to expand and strengthen the Housing Credit. We also urge enactment of the Housing Credit production proposals included in Build Back Better that originated in the AHCIA:

  • Increasing the Housing Credit allocation,
  • Extending the temporary 12.5 percent allocation that has now expired,
  • Lowering the bond financing threshold test,
  • Enabling the Housing Credit to better serve hard-to-reach populations and communities.

2

We encourage the Internal Revenue Service to continue to provide Housing Credit regulatory flexibilities that improve our ability to finance, develop and operate affordable housing. In addition to flexibilities that may be needed to address continued barriers and challenges brought on by the COVID-19 crisis, we encourage the IRS to modify its proposed Average Income Test regulations, provide a solution to issues that have arisen around Forms 8609, and address other issues as they arise.

3

We urge the Biden Administration to ensure the Community Reinvestment Act continues to strongly incentivize Housing Credit investment. CRA motivates the vast majority of Housing Credit investment – an estimated 73 percent – meaning any changes to CRA could significantly impact our ability to build and preserve affordable housing. We encourage the three regulators – the Office of the Comptroller of the Currency, Federal Reserve Board, and Federal Deposit Insurance Corporation – to develop a single rule that enhances investment in the Housing Credit.

HOUSING CREDIT NEWS

  • AHTCC Submits Comments on Community Reinvestment Act Reform
  • Advocacy Needed: Submit Stakeholder Comments on Community Reinvestment Act Reform by Friday, August 5
  • Treasury Provides Increased Flexibility to use State and Local Fiscal Recovery Funds for Affordable Housing Development
  • Housing Credit Receives Positive Mentions in House Ways and Means and Senate Finance Committee Hearings

HOUSING CREDIT IN ACTION

FOLLOW AHTCC

Retweet on Twitter AHTCC Retweeted
10 Aug 1557431253460295681

ICYMI: New Dems wrote to @POTUS urging the administration to take action to increase affordable housing & lower housing costs for Americans.

Because every American deserves access to safe, ...quality & affordable housing. https://twitter.com/emrwilkins/status/1556993918994087942

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The Affordable Housing Tax Credit Coalition is a trade organization of housing professionals who advocate in support of the Low-Income Housing Tax Credit

LATEST NEWS FROM AHTCC

  • AHTCC Submits Comments on Community Reinvestment Act Reform
  • AHTCC Seeking Candidates for Two Full-Time Positions

AHTCC ON TWITTER

Retweet on Twitter AHTCC Retweeted
10 Aug 1557431253460295681

ICYMI: New Dems wrote to @POTUS urging the administration to take action to increase affordable housing & lower housing costs for Americans.

Because every American deserves access to safe, ...quality & affordable housing. https://twitter.com/emrwilkins/status/1556993918994087942

Load More...

CONTACT

1900 M Street NW, 3rd Floor
Washington, DC 20036
202-935-0977
info@taxcreditcoalition.org

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© 2020 The Affordable Housing Tax Credit Coalition