![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.](/images/feature_graphics/feature13.jpg?1216325373)
On Wednesday, July 30, 2008, President George W. Bush signed into law H.R. 3221.
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.
The House of Representatives has passed H.R. 3221, The Housing & Economic Recovery Act of 2008, by a vote of 272 to 152.
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.
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.
On Wednesday, July 2, 2008, the Affordable Housing Tax Credit Coalition signed an industry letter is support of changes to the FHA multifamily mortgage insurance program.
On June 16, 2008, fourteen Senators submitted the below-linked letter to Senate Finance Committee Chairman Max Baucus (D-MT) and Ranking Member Charles Grassley (R-IA) encouraging inclusion of Housing Credit provisions in the final Housing Stimulus Package being debated in the Senate this week.
On May 30, 2008, the Affordable Housing Tax Credit Coalition submitted a letter proposing three issues be added to the Internal Revenue Service's 2008-2009 Priority Guidance Plan.
The House of Representatives has just taken a series of three votes on legislation which will comprise the housing legislation (H.R. 3221) with which it will go to conference with the Senate.
Coalition legal counsel Richard S. Goldstein, Nixon Peabody LLP, has prepared the below-linked side-by-side comparison of both Housing Credit modernization bills (H.R. 5720 and S. 2666).
