The Affordable Housing Tax Credit Coalition [main graphic] A group of developers, syndicators, lenders, nonprofit groups, public agencies, and others concerned with the low-income housing tax credit.
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Recent News

OCC Hosts Web and Telephone Seminar on Low Income Housing Tax Credits

15 August 2008 - The Office of the Comptroller of the Currency will host a live Web and telephone seminar on opportunities for banks that invest in projects financed through the Low Income Housing Tax Credit program on September 10, 2008 from 2:00 p.m. - 3:30 p.m.

Eden Housing Produces Affordable Housing Podcasts

14 August 2008 - In celebration of its 40th year in the affordable housing industry, Eden Housing presents the Affordable Housing Podcase series.

The Internal Revenue Service Releases Final Utility Allowance Regulations

29 July 2008 - On Monday, July 28, 2008, the Internal Revenue Service (IRS) released final regulations with regard to the utility allowance provision of Section 42. The final regulations are designed to allow property owners more options for accurately determining utility allowances for Housing Credit properties.


[news archives]

Rotating_housing
Tax_credit_rate August 2008
Seventy_percent 7.94%
Thirty_percent 3.4%

Recent Features

President Bush Signs H.R. 3221

On Wednesday, July 30, 2008, President George W. Bush signed into law H.R. 3221.

Senate Passes Housing Credit Modernization Legislation

The United States Senate has passed H.R. 3221, The Housing & Economic Recovery Act of 2008, by a vote of 72 to 13. The final bill will now go to the White House for the President’s signature.

House Passes Housing Credit Modernization Legislation

The House of Representatives has passed H.R. 3221, The Housing & Economic Recovery Act of 2008, by a vote of 272 to 152.

Senate Passes Housing Credit Modernization Legislation

Late this afternoon, the Senate overwhelming passed H.R. 3221, The American Housing Rescue & Foreclosure Prevention Act of 2008 by a vote of 63 to 5. This bill contains many of the Housing Credit modernization provisions currently found on the Coalition’s legislative priorities list.

Housing Credit Modernization Legislation Update

This afternoon, July 10, 2008, Senator Maria Cantwell (D-WA) released the attached floor statement regarding H.R. 3221, the American Housing Rescue & Foreclosure Prevention Act of 2008, currently being debated by the Senate.


[more features]