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 […]
ACTION Alert: Tax Package to be Voted on TONIGHT in the House!
The tax package containing key Housing Credit priorities will be voted on by the full House TODAY, according to the schedule published by the House Majority Leader. The debate on the bill, the Tax Relief for American Families and Workers Act (H.R. 7024), could start as early as 5pm, depending […]
February 2024 Monthly Newsletter: AHCIA Advocacy Strategies & Other Housing Credit News
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 […]