Online Alerts

Online Alerts

NLIHC Report Shows Severe Shortage of Affordable Housing

March 20, 2024    

The National Low Income Housing Coalition (NLIHC) recently released the latest version of its annual report, “The Gap: A Shortage of Affordable Homes.” Each year, the NLIHC measures the availability of rental housing affordable to extremely low-...

House Passes Tax Bill that Boosts LIHTCs

February 21, 2024    

The House of Representatives recently passed a $78 billion tax bill, Tax Relief for American Families and Workers Act (H.R. 7024), with wide bipartisan support. The bill is the result of a deal struck by House Ways and Means Committee Chairman Jason Smith (R-MO) and Senate Finance Committee...

LIHTC Provisions Included in Bipartisan Tax Package Deal

January 17, 2024    

House Ways and Means Committee Chairman Jason Smith and Senate Finance Committee Chairman Ron Wyden recently announced a bipartisan and bicameral tax package deal to be introduced as The Tax Relief for American Families and Workers Act of 2024. If passed, it would revive three business tax...

Legislators Introduce Bipartisan Workforce Housing Tax Credit Act

December 13, 2023    

Senate Finance Committee Chair Ron Wyden (D-OR), Senator Dan Sullivan (R-AK), and House Ways and Means Committee members Representatives Jimmy Panetta (D-CA) and Mike Carey (R-OH) recently introduced the Workforce Housing Tax Credit Act. If passed, the legislation would establish a new tax...

IRS Announces LIHTC, Bond Caps for 2024

November 16, 2023    

The increase for the 2024 per-capita multiplier ties the record set last year for the largest year-over-year increase without legislative cause since 2003.

The Internal Revenue Service recently released Revenue...

HUD Announces National Lead Poisoning Prevention Week 2023

October 18, 2023    

Every year during the last week of October, National Lead Poisoning Prevention Week (NLPPW) raises awareness about lead poisoning. HUD, the U.S. Environmental Protection Agency (EPA), and the Centers for Disease Control and Prevention (CDC), are working to raise awareness, provide resources, and...

Banking Committee Examines Impact of Rising Property Insurance Rates

September 21, 2023    

The Senate Committee on Banking, Housing, and Urban Affairs recently held a hearing to consider how recent developments in the property insurance market...

HUD Publishes Data on 2021 LIHTC Tenant Characteristics

August 17, 2023    

HUD’s Office of Policy Development and Research recently published demographic data on tenants living in Low Income Housing Tax Credit units in 2021.

Junk Fees in Rental Housing Come Under Fire

July 19, 2023    

Rental fees can increase cost burdens for renter households, who are often already spending a growing share of their income on rent due to a limited housing supply across the country. 

HUD Removes $25M Loan Cap for Projects in LIHTC Pilot Program

June 21, 2023    

HUD’s Office of Multifamily Housing Programs recently issued a memo, which removes the $25 million loan cap for the LIHTC Pilot Program. The pilot program streamlines processing...

Bipartisan LIHTC Expansion and Improvement Bill Reintroduced

May 17, 2023    

On May 11, bipartisan groups of senators and representatives introduced the Affordable Housing Credit Improvement Act (AHCIA) of 2023 in the Senate and House. The legislation is sponsored by Senators Maria Cantwell (D-WA), Todd Young (R-IN), Ron Wyden (D-OR), and Marsha Blackburn (R-TN), along...

Bill Introduced to Expand FHA’s List of Protected Classes

May 3, 2023    

Senator Tim Kaine (D-VA) and Representative Scott Peters (D-CA) recently introduced the “Fair Housing Improvement Act” to protect veterans and low-income families from housing discrimination.