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. In the letter (linked below) addressed to House Financial Services Committee Chair Barney [...]
On Thursday, March 18, 2010 Senator Jeff Bingaman (D-MN) introduced the Low Income Housing Tax Credit Recovery Act of 2010. The legislation includes the five year carryback proposal AHTCC and other industry groups have been advocating on behalf of.
AHTCC Congratulations the newly elected 2010 Board of Directors.
On Friday, October 9, 2009, Ernst & Young published a study concerning Low Income Housing Tax Credit (Housing Credit) investment.
Over the past few months, AHTCC has stressed to its members the importance of presenting to Congress a well-crafted and broadly supported legislative plan designed to spur new investment in the Housing Credit program while also assisting current investors in the program.
AHTCC has joined with many other industry groups to advance a set of proposals designed to stimulate investment in the Housing Credit program. A new website, A.C.T.I.O.N. (A Call To Invest in Our Neighborhoods), has been created to track the progress of this industry-wide effort.