The Affordable Housing Tax Credit Coalition » Hill Materials

H.R. 4868 Industry Sign On Letter

admin — Mon, 26 Jul 2010 15:09:53 +0000

On Monday, July 26th, AHTCC joined 9 other industry organizations on a letter discussing H.R. 4868, the Housing Preservation and Tenant Protection Act of 2010. While AHTCC supports many pieces of the legislation there are several provisions which raise concerns among industry participants.

Congressional Research Service Updates Report on the Low Income Housing Tax Credit

admin — Sat, 19 Dec 2009 18:27:33 +0000

On December 18, 2009, the Congressional Research Service updated its summary report on the Low Income Housing Tax Credit program to account for recent legislative changes.

Senate Dear Colleague Letter Written in Support of Housing Credit Proposals

admin — Mon, 14 Dec 2009 16:03:36 +0000

On December 17, 2009, fifteen Senators signed onto a “Dear Colleague” letter addressed to Senate Finance Committee Chairman Max Baucus (D-MT) and Ranking Member Charles Grassley (R-IA) in support of legislative changes to the Low Income Housing Tax Credit program.

Specifically the letter encourages the Committee to extend the Housing Credit exchange program for one year, adopt a five-year Credit carryback proposal, and consider other proposals designed to attrack additonal investors to the program.

The letter was spearheaded by Senators Maria Cantwell (D-WA) and John F. Kerry (D-MA). Other signers include: Charles Schumer (D-NY); Jeff Bingaman (D-NM); Debbie Stabenow (D-MI); and Olympia Snowe (R-ME). (Not a complete list).

The complete letter is linked below.

Ernst & Young Study Concerning LIHTC Investment

admin — Mon, 12 Oct 2009 15:05:07 +0000

On Friday, October 9, 2009 Ernst & Young published a survey concerning Low Income Housing Tax Credit investment. The survey was commissioned by Enterprise Community Partners, Inc. and Local Initiatives Support Corporation in order to better understand the LIHTC investment market and to analyze investor responses to certain legislative proposals.

AHTCC will be distributing this survey to key Congressional members and their staff. AHTCC encourages its members to utilize this survey in their contacts with their local Congressional delegation.

Please contact Coalition legislative counsel Jim Miller (202-282-5724 or jfmiller@winston.com) with questions concerning this survey.

Industry Sign on Letter for Housing Credit Legislative Proposals

admin — Tue, 04 Aug 2009 19:08:51 +0000

Industry organizations urge Congress to enact the Low Income Housing Tax Credit (Housing Credit) proposals described in the attached letter in upcoming tax legislation.