ICYMI: ACTION Submits Comments to OCC, FDIC, and Board on CRA Modernization On Friday, August 5, ACTION Campaign Co-Chairs Enterprise Community Partners and the National Council of State Housing Finance Agencies submitted comments to the Federal Reserve System (Board), the Office of the Comptroller of the Currency (OCC), and the […]
August Monthly Newsletter: Legislative Updates & Other Housing Credit News
Join the ACTION Campaign Monthly Call The ACTION Campaign monthly call will be held next week on Friday, August 5 at 2:00 PM ET. The Zoom call information is below, and you can also download and import the iCalendar (.ics) files to your calendar system. Join Zoom Meeting: https://enterprisecommunity.zoom.us/j/97691009830?pwd=MThDdmxTRkl5UXhXeGttMkUycGFDdz09 Meeting ID: […]
ACTION Alert: Treasury Issues New Guidance to Facilitate Use of State and Local Fiscal Recovery Funds for Affordable Housing Development, Including through Housing Credit
Today, the Treasury Department announced new guidance to increase state, local, and tribal governments’ ability to use Coronavirus State and Local Fiscal Recovery Funds (SLFRF) authorized in the American Rescue Plan Act (ARPA) to support affordable housing development, including through the Housing Credit. The guidance aims to provide additional flexibilities […]
ACTION Alert: Housing Credit Receives Resounding Support in Recent Senate Finance Committee and Ways & Means Committee Hearings
Senate Finance Committee Hearing on the Role of Tax Incentives in Affordable Housing On Wednesday this week, the Senate Finance Committee held a hearing on the critical role that tax incentives play in the development of affordable housing. Specifically, the hearing highlighted how the low supply of affordable homes, inflation, […]
July ACTION Monthly Newsletter: Legislative Updates & Housing Credit News
Join the ACTION Campaign Monthly Call — *Note Date Change* For July, the ACTION Campaign monthly call will be held next week on Friday, July 8 at 2:00 PM ET, rather than the first Friday of the month. The Zoom call information is below, and you can also download and import […]
June Monthly Newsletter: Legislative Updates & Housing Credit News
Join the ACTION Campaign Monthly Call The ACTION Campaign monthly call will be held on Friday, June 3 at 2:00 PM ET. Please find the Zoom call information below, and download and import the iCalendar (.ics) files to your calendar system. Join Zoom Meeting: https://enterprisecommunity.zoom.us/j/97691009830?pwd=MThDdmxTRkl5UXhXeGttMkUycGFDdz09 Meeting ID: 976 9100 9830 […]
ACTION Commends Administration’s Attention to Housing Credit in White House Housing Supply Action Plan
Yesterday, the White House announced a new Housing Supply Action Plan to increase the supply of affordable housing. The plan makes clear the fundamental and unparalleled role the Housing Credit plays in the development of affordable rental housing. The plan again states the Administration’s strong support for several of ACTION’s […]
Senate Legislation Introduced to Facilitate Use of Fiscal Recovery Funds with Housing Credit
On May 11, Senate legislation was introduced to allow the use of Coronavirus State and Local Fiscal Recovery Funds (SLFRF) to make long-term loans to Housing Credit developments. The LIHTC Financing Enabling Long-term Investment in Neighborhood Excellence Act, or LIFELINE Act, sponsored by Senators Patrick Leahy (D-VT) and Susan Collins […]
May Monthly Newsletter: New AHCIA Cosponsors; International Tax Deal; and Other Housing Credit Updates
Join the ACTION Campaign Monthly Call The ACTION Campaign monthly call will be held on Friday, May 6 at 2:00 PM EDT. Please find the Zoom call information below, and download and import the iCalendar (.ics) files to your calendar system. Join Zoom Meeting: https://enterprisecommunity.zoom.us/j/97691009830?pwd=MThDdmxTRkl5UXhXeGttMkUycGFDdz09 Meeting ID: 976 9100 9830 Password: 314424 […]
April Monthly Newsletter: Legislative Update & New AHCIA Cosponsors
Join the ACTION Campaign Monthly Call The ACTION Campaign monthly call will be held on Friday, April 1 at 2:00 PM EDT. Please find the Zoom call information below, and download and import the iCalendar (.ics) files to your calendar system. Join Zoom Meeting: https://enterprisecommunity.zoom.us/j/97691009830?pwd=MThDdmxTRkl5UXhXeGttMkUycGFDdz09 Meeting ID: 976 9100 9830 […]