Tag: Low Income Housing Tax Credit

House Bill Would Boost Effectiveness of Low Income Housing Tax Credit

Filed in Capitol Hill, Multifamily by on March 21, 2017 0 Comments
House Bill Would Boost Effectiveness of Low Income Housing Tax Credit

House Ways and Means Committee members Pat Tiberi (R-Ohio) and Richard Neal (D-Mass.) today introduced the Affordable Housing Credit Improvement Act, legislation that contains a number of changes to enhance the effectiveness of the Low Income Housing Tax Credit (LIHTC).

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Ways and Means Republicans Vote to Support LIHTC

Filed in Capitol Hill by on December 16, 2016 0 Comments

House Republicans on the Ways and Means Committee agreed to keep the Low Income Housing Tax Credit as part of efforts to revamp the tax code and lower the corporate tax rate in the coming year.

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NAHB Commends Sen. Wyden’s New Middle-Income Housing Tax Credit

Filed in Capitol Hill, Multifamily by on September 22, 2016 0 Comments
NAHB Commends Sen. Wyden’s New Middle-Income Housing Tax Credit

NAHB today commended Sen. Ron Wyden (D-Ore.) for introducing the Middle-Income Housing Tax Credit Act of 2016. The legislation builds on the successful Low-Income Housing Tax Credit by creating a new tax credit to spur the development of rental homes affordable to Americans with moderate incomes.

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Cantwell-Hatch Bill Would Boost Low-Income Housing Tax Credit

Filed in Capitol Hill, Housing Finance, Multifamily by on July 15, 2016 0 Comments
Cantwell-Hatch Bill Would Boost Low-Income Housing Tax Credit

Before adjourning for the Senate’s summer recess, Sens. Maria Cantwell (D-Wash.) and Orrin Hatch (R-Utah) introduced the Affordable Housing Credit Improvement Act (S. 3237), legislation that contains a number of critical improvements to the Low Income Housing Tax Credit. Sen. Ron Wyden (D-Ore.) is a cosponsor of the bill.

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House GOP Tax Plan Would Impact Key Housing Tax Provisions

Filed in Capitol Hill, Multifamily by on June 24, 2016 3 Comments
House GOP Tax Plan Would Impact Key Housing Tax Provisions

House Speaker Paul Ryan and Ways and Means Committee Chairman Kevin Brady today unveiled the tax policy plank of a six-part House GOP policy agenda that would overhaul the tax code and affect important housing tax provisions.

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Cantwell, Hatch Introduce Bill to Expand Production of Affordable Housing

Filed in Capitol Hill, Multifamily by on May 19, 2016 2 Comments

Senator Maria Cantwell (D-Wash.) and Senate Finance Committee Chairman Orrin Hatch (R-Utah), along with Senate Finance Committee Ranking Member Ron Wyden (D-Ore.) and Senator Charles Schumer (D-N.Y.) today introduced the Affordable Housing Credit Improvement Act. The bill would expand the Low Income Housing Tax Credit (LIHTC) by 50% to help spur the production of much-needed affordable housing.

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Multifamily Mortgage Insurance Reductions Now in Effect

Filed in Housing Finance, Multifamily by on April 4, 2016 0 Comments

HUD has begun implementing the Federal Housing Administration’s (FHA) targeted multifamily mortgage insurance premium (MIPs) reductions for certain affordable and energy-efficient mortgages. The reductions are effective for commitments issued or reissued on or after April 1.

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CBO Lists Policy Options on Low-Income Housing Assistance Programs

Filed in Housing Finance by on September 10, 2015 0 Comments
CBO Lists Policy Options on Low-Income Housing Assistance Programs

The Congressional Budget Office (CBO) on Sept. 9 released a report that provides Congress policy options to provide substantial budgetary savings on housing assistance programs during the 2016-2025 period.

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New Study Highlights Benefits of the Affordable Housing Credit

Filed in Economics, Multifamily by on October 23, 2014 0 Comments
New Study Highlights Benefits of the Affordable Housing Credit

A new study of California affordable housing developments provides important findings concerning the role and benefits of the Low-Income Housing Tax Credit (LIHTC). The affordable housing credit ensures a supply of equity financing for the development of needed rental housing.

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An Indispensable Housing Program

Filed in Capitol Hill, Home Building, Multifamily by on September 9, 2014 1 Comment
An Indispensable Housing Program

A robust Low Income Housing Tax Credit program is absolutely essential to support the construction of affordable rental housing and to preserve existing properties.

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