Legislative State-of-Play Tax Package with Housing Credit Provisions Introduced, Passed by Key Committee On January 16, House Ways and Means Committee Chair Jason Smith (R-MO-08) introduced tax legislation reflecting the compromise he reached with Senate Finance Committee Chair Ron Wyden (D-OR). The bill, the Tax Relief for American Families and […]
ACTION Alert: Tax Package with Housing Credit Provisions Passes Ways & Means Committee!
Today, the House Ways and Means Committee passed the tax package that was introduced earlier this week, the Tax Relief for American Families and Workers Act of 2024 (H.R. 7024), which contains key Housing Credit provisions, on a 40-3 vote. This legislation was negotiated on a bipartisan basis by Congress’ […]
ACTION Alert: Housing Credit Provisions Included in Tax Package Framework!
ACTION is excited to announce that key Housing Credit provisions from the AHCIA have been included in a $78 billion deal on a tax package struck by House Ways and Means Committee Chair Jason Smith (R-MO-08) and Senate Finance Committee Chair Ron Wyden (D-OR) and released publicly this morning. The […]
ACTION Alert: Urgent Advocacy Needed NOW for Housing Credit and Congressional Tax Deal
Congress’ tax-writing committees met today to discuss details of the tax package currently being negotiated. There is a lot of congressional support, but we do not have confirmation that the Housing Credit is in the deal being discussed right now. This means that we need you to reach out to […]
ACTION Alert: Outreach Needed TODAY for Housing Credit and Congressional Tax Package
Congress is negotiating a tax package right now, with a deal possibly being announced as early as this week, according to reporters. This provides a time-sensitive opportunity for affordable housing advocates to secure key AHCIA provisions to expand the production and preservation of much needed affordable rental homes across the country. We […]
January 2024 Monthly Newsletter: Legislative Update & ACTION 2023 Year in Review
Legislative Update & Current Advocacy Strategy Congress Returns Next Week from Winter Break, All Eyes on January 19 Congress will return next week from its winter break with a large agenda for early 2024. In November, Congress passed a second stop-gap funding measure — a Continuing Resolution (CR) with a […]
ACTION Alert: AHCIA House Bill Champions Tell Leadership: Enact Critical AHCIA Provisions in Tax Package
AHCIA House Leads Send Letter to House Leadership in Support of Housing Credit’s Inclusion in Tax Package On Friday, December 15, the House leads of the Affordable Housing Credit Improvement Act (AHCIA, H.R. 3238) sent a letter to Speaker Mike Johnson and Minority Leader Hakeem Jeffries urging them to include […]
ACTION Alert: AHCIA Cosponsor Milestone and New Fact Sheets
AHCIA Reaches 200 House Cosponsors! Today, the Affordable Housing Credit Improvement Act (AHCIA) in the House gained its 200th cosponsor! The bill, H.R. 3238, has 100 Republicans and 100 Democrats signed on in support, making it the most cosponsored bipartisan tax bill in the chamber. Moreover, cosponsors represent 79 percent […]
December 2023 Monthly Newsletter: AHCIA Advocacy Strategies & Other Housing Credit News
Legislative State-of-Play Congress Passes Second Temporary Funding Bill, Averting Shutdown Again On November 17, the President signed another Continuing Resolution, or CR, passed by Congress, extending the previous temporary spending measure for Fiscal Year 2024 (FY24) funding that was set to expire on November 17. Similar to the previous CR […]
November 2023 Monthly Newsletter: AHCIA Advocacy Strategies & Other Housing Credit News
Legislative State-of-Play Election of New House Speaker Allows Congress to Resume Legislating After 22 days without one, the House elected Mike Johnson (R-LA-04) as Speaker. Johnson, the fourth official nominee for the position, followed the unprecedented removal of Former Speaker Kevin McCarthy (R-CA-20). Speaker Johnson, in one of his first […]