In the News

Surveyed Mayors Identify Affordable Housing as Major Concern

January 31, 2018    

The Boston University Initiative on Cities recently released the results of its 2017 survey of 115 mayors of cities with at least 75,000 residents. The study was sponsored by Citi Community Development and the Rockefeller Foundation. The study found that 51 percent of the mayors surveyed...

Rep. Curbelo Replaces Rep. Tiberi as Lead Sponsor of LIHTC Bill

January 31, 2018    

Since President Trump signed the Tax Cuts and Jobs Act into law, the price investors are willing to pay for LIHTC’s has dropped and may fall further because the new law reduced the corporate tax rate from 35 percent to 21 percent starting in 2018. This change will sharply reduce the need...

Study: Renters with Children More Likely to Report Asthma Issues than Homeowners

January 31, 2018    

A recent study from the Urban Institute entitled, “The Relationship between Housing and Asthma among School-Age Children,” used data from the 2015 American Housing Survey (AHS) to explore connections between housing and childhood asthma. The study found that that renters with...

Study Draws Connection Between Housing Instability and Negative Health Effects

January 30, 2018    

A new study entitled, “Unstable Housing and Caregiver and Child Health in Renter Families,” from Boston Medical Center’s Children’s HealthWatch program finds housing instability, including chronically late rent payments, can affect the mental and physical health of family...

Trump Signs Major Tax Overhaul into Law, PABs Preserved

December 28, 2017    

On Dec. 22, President Trump signed the $1.5 trillion tax overhaul legislation into law. Prior to the signing, House and Senate GOP leadership filed a conference report on the Tax Cuts and Jobs Act, reconciling the differences between the House-passed and Senate-passed versions of the bill. The...

Rental Housing Study Examines Cost Burdens for Lowest Income Households

December 28, 2017    

The Joint Center for Housing Studies at Harvard University (JCHS) recently released its biennial rental housing study. The report finds that unprecedented growth in the rental housing market is slowing amid persistent affordability challenges for low- and moderate-income renter households. Fewer...

Senate Tax Bill Measure Preserves LIHTC, Private Activity Bonds

November 30, 2017    

Since the publication of the Insider’s Special Issue detailing the House of Representatives’ tax reform bill, the House passed its version of tax reform legislation, the Tax Cuts and...

House Passes Flood Reform Act Legislation

November 30, 2017    

The U.S. House of Representatives recently passed legislation to renew and reform the National Flood Insurance Program (NFIP). The NFIP’s authorization is set to expire on Dec. 9. During debate on the House floor, several Republicans expressed concerned that the bill would impose steep...

Fannie Mae and Freddie Mac to Reenter the LIHTC Market

November 30, 2017    

The Federal Housing Finance Agency (FHFA) recently announced that Fannie Mae and Freddie Mac, the government-sponsored enterprises (GSEs), will be allowed limited re-entry into the LIHTC market as equity investors, effective immediately.

The GSEs have been absent from the LIHTC market...

Research Links LIHTC Program to Improved Health Outcomes

November 30, 2017    

Evidence is building that housing affordability, the neighborhood’s environment, and conditions within the home are all important determinants of health, according to an op-ed published in the Economist Group’s Roll Call publication by Anand Parekh, M.D., chief medical adviser at the...

Study Says House Tax Plan Negatively Impacts Affordable Housing in NY

November 13, 2017    

The Tax Cuts and Jobs Act (H.R. 1), which proposes the elimination of Private Activity Bonds, would cost the State of New York $4.5 billion in affordable housing investment annually, and 17,000 fewer affordable units would be built each year, according to an impact analysis recently released by...

California Treasurer Highlights House Tax Plan’s Devastating Impact on Low-Income Housing

November 13, 2017    

In a letter sent to the California Congressional delegation, California State Treasurer John Chiang urged the delegation to preserve funding for LIHTC and the Private Activity Bond programs. He pointed out the vital role these programs play in building and preserving affordable housing...

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