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 May 6, 2010 Senator Maria Cantwell (D-WA) introduced the Job Creation and Affordable Housing Act of 2010 on behalf of herself and Senators John F. Kerry (D-MA) and Barbara Boxer (D-CA).

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.

On Monday, May 4, the U.S. Department of Treasury and U.S. Department of Housing & Urban Development published a press release announcing programs that will provide billions of dollars in recovery funds to spur the development of affordable housing.

On May 6, 2009 the New York Times published the below-linked article on Shovel-ready Housing Credit projects lacking investor equity.

The Ohio Housing Finance Agency (OHFA) is seeking proposals from qualified entities to provide construction and asset management services for multifamily housing projects funded wtih programs authorized by the American Recovery and Reinvestment Act.