The Affordable Housing Tax Credit Coalition The Affordable Housing Tax Credit Coalition
  • ABOUT
    • About the AHTCC
    • AHTCC Leadership
      • Board of Directors
      • Staff
    • 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
    • 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
      • Board of Directors
      • Staff
    • 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
    • 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 2023, the AHTCC focused 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 especially urge immediate enactment of the Housing Credit production proposals in the AHCIA with the greatest impact:

  • Extending and expanding upon the temporary 12.5 percent allocation increase that has now expired,
  • Lowering the bond financing threshold test, and
  • Enacting basis boosts to enable 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 and rising costs, we encourage the IRS to enact any AHCIA policy proposals that are within the IRS’ purview, and address other issues as they arise.

3

We urge the Biden Administration to protect Housing Credit investment through Community Reinvestment Act reforms, Pillar 2 rules implementing a global minimum tax, or any other regulations that may directly or indirectly impact the Housing Credit. CRA motivates the vast majority of investment in the Housing Credit – an estimated 73 percent – meaning any changes to CRA could significantly impact our ability to build and preserve affordable housing.

HOUSING CREDIT NEWS

  • White House Fiscal Year 2024 Budget Proposal Calls for Additional $28 Billion Investment in Housing Credit, Including Enactment of AHTCC’s Top Production Priorities
  • Housing Credit Raised as Primary Focus in Senate Finance Committee Hearing
  • Reps. DelBene, Wenstrup, and Over 50 Others Urge House Leaders to Take Immediate Action on Housing Credit
  • Advocacy Needed: Help the AHTCC Build Support for 2022 Year-End Housing Credit Priorities

HOUSING CREDIT IN ACTION

FOLLOW AHTCC

Retweet on Twitter AHTCC Retweeted
23 Mar 1638906443658301443

Looking forward to sharing #housing industry insight alongside @EmilyCadik, Bryan Greene of @nardotrealtor, and Steve O’Connor of @MBAMortgage on Monday, March 27 @NCSHAhome #LegCon23.

Register ...now to join us: https://www.ncsha.org/event/2023-legislative-conference/

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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

  • White House Fiscal Year 2024 Budget Proposal Calls for Additional $28 Billion Investment in Housing Credit, Including Enactment of AHTCC’s Top Production Priorities
  • Housing Credit Raised as Primary Focus in Senate Finance Committee Hearing

AHTCC ON TWITTER

Retweet on Twitter AHTCC Retweeted
23 Mar 1638906443658301443

Looking forward to sharing #housing industry insight alongside @EmilyCadik, Bryan Greene of @nardotrealtor, and Steve O’Connor of @MBAMortgage on Monday, March 27 @NCSHAhome #LegCon23.

Register ...now to join us: https://www.ncsha.org/event/2023-legislative-conference/

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