Last night, Senate Majority Leader Chuck Schumer (D-NY) filed a motion to bring the Tax Relief for American Families and Workers Act (H.R. 7024) to the floor for a vote this Thursday, August 1. Reach out to your Senators now to remind them just what’s at stake for affordable housing […]
August 2024 Monthly Newsletter: AHCIA Advocacy Strategies & Other Housing Credit News
Legislative State-of-Play No Movement Yet on 2024 Tax Package The Senate is wrapping up its work before leaving Washington, DC, at the end of this week for the August Recess. The House has already gone home. As of this writing, Senate Majority Leader Chuck Schumer (D-NY) has not indicated he […]
July 2024 Monthly Newsletter: AHCIA Advocacy Strategies & Other Housing Credit News
Reminder: July ACTION Monthly Call Rescheduled As a reminder, ACTION’s July monthly meeting has been moved to Friday, July 12 at 2:00 PM ET in light of the July 4 holiday. Legislative State-of-Play Tax Package Still Remains Stalled in the Senate The Tax Relief for American Families and Workers Act […]
Information on House Ways & Means 2025 Tax Teams’ RFI
Background In April 2024, the leadership of the House Ways and Means Committee announced the creation of 10 Republican “tax teams” to craft policy proposals for Republican leadership to consider in the development of its platform for major tax action anticipated as early as next year, in advance of the […]
June 2024 Monthly Newsletter: AHCIA Advocacy News and Date Change for June Call
June and July ACTION Monthly Call Schedule ACTION’s June monthly call will be rescheduled from Friday, June 7 to Friday, June 14 at 2:00 PM ET. ACTION’s July monthly meeting will also be moved to Friday, July 12 at 2:00 PM ET in light of the July 4 holiday; the […]
May 2024 Monthly Newsletter: AHCIA Advocacy Strategies & Other Housing Credit News
Legislative State-of-Play Tax Package Remains Stalled in the Senate As previously reported, the House passed the Tax Relief for American Families and Workers Act (H.R. 7024) in late January and sent the bill to the Senate, where it remains at an impasse. This tax package contains two AHCIA-inspired Housing Credit […]
ACTION Alert: Continued Advocacy Needed on Tax Package
ACTION Alert: Continued Advocacy Needed on Tax Package The Tax Relief for American Families and Workers Act (H.R. 7024), which contains two AHCIA-inspired Housing Credit priorities, remains stalled in the Senate after having passed the House of Representatives overwhelmingly on January 31 by a 357-70 vote, with strong bipartisan support. […]
April 2024 Monthly Newsletter: AHCIA Advocacy Strategies & Other Housing Credit News
Legislative State-of-Play Tax Package’s Future Remains Murky in the Senate As previously reported, the House passed the Tax Relief for American Families and Workers Act (H.R. 7024) in late January and sent the bill to the Senate, where it has seemingly hit an impasse. As a reminder, this tax package […]
ACTION Alert: Update on Tax Package
Yesterday, 120 national and statewide housing and community development organizations and coalitions – including numerous ACTION members – sent a letter to Senate leadership in support of the Housing Credit provisions in the tax bill that passed the House 357-70 on January 31, urging Senate action. As a reminder, the […]
ACTION Alert: Tax Package with Key Housing Credit Provisions Passes the House!
Last night, the House passed the tax package that contains two key Housing Credit provisions! The Tax Relief for American Families and Workers Act of 2024 (H.R. 7024) passed by a 357 to 70 vote. The bill’s Housing Credit provisions would finance the construction or preservation of an estimated 200,000 […]