August 19th, 2014
The AHTCC Board has approved a new strategic planning document which highlights increased focus on advocacy efforts and targets for social media and increasing general member engagement. Most important, the document more clearly defines the AHTCC’s mission and strategic goals for 2014:
AHTCC is a trade organization of housing professionals whose primary purpose is advocacy for production and preservation of affordable rental housing financed using the Low-Income Housing Tax Credit (Housing Credit). Our goal is the preservation, expansion and improvement of the Housing Credit and complementary programs through legislative outreach and education. Our members include Syndicators, Investors, Lenders, Developers, Legal and Accounting Professionals and State Allocating Agencies.
Strategic Goals for 2014:
- Contribute to the dialogue on Tax Reform and Expansion of the Housing Credit.
- Increase congressional support of the Housing Credit.
July 31st, 2014
Today Senators Portman (R-OH) and Franken (D-MN) introduced the Housing for Homeless Students Act of 2014. The legislation exempts full-time students who experienced homelessness at any point in the previous five years from the existing “student rule”. The student rule prevents full-time students from accessing Housing Credit units. The legislation also extends to veterans who have experienced homelessness and are seeking an education. For a summary of the legislation, click here.
May 23rd, 2014
Legislation designed to create permanent floors for both 9 percent and 4 percent allocated Housing Credits has now been introduced in both the Senate and the House.
The House bill, introduced by Congressmen Tiberi (R-OH) and Neall (D-MA), is H.R. 4717 and currently has 53 cosponsors (27 Republicans and 26 Democrats). The Senate bill, introduced by Senators Cantwell (D-WA) and Roberts (R-KS), is S. 1442 and has 28 cosponsors (23 Democrats, 2 Independents, and 3 Republicans).
AHTCC strongly encourages its members to contact their Congressional delegation to express their support for this legislation and to encourage those Members who have not already done so to cosponsor the legislation. Senators interested in cosponsoring S. 1442 should contact Erin Gulick in Senator Cantwell’s office at 202-224-3441 and Representatives interested in cosponsoring the House bill should contact Whitney Daffner in Congressman Tiberi’s office at 202-225-5355.