Community Reinvestment Act

Legislative State-of-Play Senate Banking Committee to Mark Up Housing Package Following the largest expansion of the Housing Credit in two decades, enacted just a few weeks ago in the One Big Beautiful Bill Act, the Senate Banking, Housing, and Urban Affairs Committee released sweeping bipartisan housing legislation called the Renewing […]

Legislative State-of-Play AHCIA Reintroduction Imminent ACTION is working with our Congressional leads in the House and Senate on the reintroduction of the Affordable Housing Credit Improvement Act (AHCIA), which they plan to reintroduce the week of April 7. The bill remains largely the same, with no substantive updates from last […]

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 […]

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 […]

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 […]

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 […]