Online Alerts

Online Alerts

House Committee Includes LIHTC Provisions in Reconciliation Package

September 15, 2021    

The House Ways and Means Committee recently released legislative text of the $3.5 trillion reconciliation bill related to Low Income Housing Tax Credits. The legislation includes a number of key provisions from the Affordable Housing Credit Improvement Act of 2021.

Senator Proposes Ambitious Housing Bill with LIHTC Provisions

August 25, 2021    

Senate Finance Committee Chairman Ron Wyden (D-OR) recently unveiled the Decent, Affordable, Safe Housing for All Act (DASH Act). The legislation seeks to make a generational investment to...

Senate Passes Budget Resolution, $332B for Housing and Transportation

August 11, 2021    

On Tuesday, Aug. 10, the Senate passed a bipartisan $1 trillion infrastructure bill to improve and modernize the nation’s roads and bridges. Included in the plan are funds for broadband infrastructure. The plan allocates $65 billion to “bridge America’s digital divide and build...

Biden Commits to Affordable Housing in Infrastructure Package

July 21, 2021    

House Financial Services Committee Chairwoman Maxine Waters (D-CA) recently issued a press release announcing that she secured a commitment from President Biden to include affordable housing investments in the infrastructure package enacted through a reconciliation process.

2.3M Households Enroll in Emergency Broadband Benefit Program

June 16, 2021    

The Federal Communication Commission (FCC) recently announced that 2.3 million households have enrolled in the Emergency Broadband Benefit (EBB) program in its first three weeks. The EBB program provides a discount on both broadband service and needed equipment, such as a modem. Lawmakers...

FCC Launches Emergency Broadband Benefit Program

May 12, 2021    

A new Federal Communications Commission (FCC) program has launched to help low-income households receive discounts on their broadband service. Lawmakers authorized the Emergency Broadband Benefit (EBB) in December as part of a $2 trillion coronavirus aid package. Now, with more than 875 Internet...

Treasury, IRS Seek Input on 2021–22 Priority Guidance Plan

April 28, 2021    

The Treasury Department and Internal Revenue Service (IRS) recently issued Notice 2021-28. This is their annual public notice seeking recommendations for the next Priority Guidance Plan. The Priority Guidance Plan identifies guidance...

Treasury Report Hints at Increase in LIHTC Resources

April 14, 2021    

The Treasury Department recently published "The Made in America Tax Plan Report," which further describes President Biden’s tax plan that was included in the recently announced American Jobs...

IRS Issues Population Figures Used to Calculate 2021 LIHTCs

March 24, 2021    

On March 15, the IRS issued Notice 2021-19 providing the resident population figures needed to determine the 2021 population-based component of the Low-Income Housing Tax Credit ceiling. Nationally, the population-based LIHTC...

White House Appoints Housing and Urban Policy Advisor

March 10, 2021    

The White House formally announced the appointment of Erika Poethig as Special Assistant to the President for Housing and Urban Policy at the White House’s Domestic Policy Council (DPC).

How to Attend Public Hearing on Average Income Test Proposed Rule

February 24, 2021    

The IRS recently posted a notice of public hearing in the Federal Register. On March 24, the IRS will hold a public hearing on the proposed regulations setting forth guidance on the implementation of the average income test.

NEF Announces $1B in 2020 Affordable Housing Investments

February 24, 2021    

National Equity Fund, Inc. (NEF) recently announced that it made more affordable housing investments in 2020 than at any time in its 33-year history. National Equity Fund, Inc., based in Chicago, is a nonprofit affordable housing investor and one of the nation's largest syndicators of...