Online Alerts

Online Alerts



Freddie Mac Releases White Papers on LIHTC Use in Rural Areas

November 8, 2018    

Freddie Mac recently published two white papers, “LIHTC in Middle Appalachia” and “LIHTC in Indian Areas,” highlighting how the LIHTC is being used to bring affordable rental housing to underserved markets. The series is a component of Freddie Mac’s Duty to Serve...

CBBP Report Looks at Source-of-Income Non-Discrimination Laws

November 8, 2018    

A recent report by the Center on Budget and Policy Priorities (CBPP), Prohibiting Discrimination Against Renters Using Housing Vouchers Improves Results, finds that only one out of three housing voucher holders are protected by source-of-income non-discrimination laws. CBPP interviewed policy...

Freddie Mac Closes Second LIHTC Fund Since Re-entering Market

November 8, 2018    

Freddie Mac recently announced that it has closed its second LIHTC fund since re-entering the market earlier in September, and the first fund managed by Hudson Capital. The Hudson Housing Tax Credit Fund will invest nationwide to create and preserve affordable homes. It will focus on...

ACTION Campaign Updates State Fact Sheets

October 24, 2018    

The A Call To Invest in Our Neighborhoods (ACTION) Campaign is a national, grassroots coalition of over 2,200 national, state, and local organizations and businesses calling on Congress to protect, expand, and strengthen the Low-Income Housing Tax Credit (LIHTC). The ACTION Campaign recently...

Joint Report Advocates for LIHTC Reform as Year-30 Deadline Approaches

October 24, 2018    

The National Low Income Housing Coalition and the Public and Affordable Housing Research Corporation (PAHRC) recently released a report entitled Balancing Priorities: Preservation and Neighborhood Opportunity in the Low-Income Housing Tax Credit Program Beyond Year 30. This report raises the...

Senator Heller Introduces Senior Affordable Housing Tax Credit Act

October 24, 2018    

Senate Finance Committee member Dean Heller (R-NV) recently introduced the Seniors Affordable Housing Tax Credit Act, S. 3580, which would establish a tax credit for owners of multifamily rental property who agree to rent to extremely low-income seniors. The tax credit would cover the difference...

NCSHA Releases Report on LIHTC Development Costs

September 13, 2018    

The National Council of State Housing Agencies (NCSHA) recently released “Variation in Development Costs for LIHTC Projects,” a report by Abt Associates. The report examines the factors affecting the cost of developing affordable multifamily rental housing using the federal Low-...

Report Recommends Improvements to LIHTC Program

September 13, 2018    

The Center on Budget and Policy Priorities recently released a report entitled, “Low-Income Housing Tax Credit Could Do More to Expand Opportunity for Poor Families.” The report finds that LIHTC housing is disproportionately concentrated in higher poverty and racially concentrated...

Tax Reform 2.0 Package Lacks LIHTC Changes

September 13, 2018    

The House Ways & Means Committee Chair Kevin Brady (R-TX) recently introduced a follow-up to the Tax Cuts and Jobs Act. Three bills constitute Republicans’ Tax Reform 2.0 package and primarily lock in individual and small business tax cuts made in the legislation passed in December...

Senate Finance Committee Advances IRS Commissioner Nominee

August 9, 2018    

By a vote of 14 to 13, along party lines, the Senate Finance Committee recently voted to advance Charles Rettig’s nomination as IRS Commissioner to the full Senate. Rettig is a tax attorney at the Beverly Hills law firm Hochman, Salkin, Rettig, Toscher & Perez, P.C. who has spent most...

Senator Booker Proposes Bill to Curb Exclusionary Zoning

August 9, 2018    

Senator Cory Booker (D-N.J.) recently introduced the Housing, Opportunity, Mobility and Equity (HOME) Act, which is designed to promote inclusionary zoning policies and improve housing affordability. The bill directs all jurisdictions receiving grants under the Community Development Block Grant...

Wells Fargo Discloses Federal Probes Regarding Use of LIHTC

August 9, 2018    

Wells Fargo & Co. recently disclosed in a regulatory filing that multiple U.S. agencies are probing into the bank's use of low-income housing tax credits. "Federal government agencies have undertaken formal or informal inquiries or investigations" about how Wells Fargo bought,...