![The Affordable Housing Tax Credit Coalition [main graphic] A group of developers, syndicators, lenders, nonprofit groups, public agencies, and others concerned with the low-income housing tax credit.](/images/feature_graphics/feature11.jpg?1147966407)
On Wednesday, July 2, 2008, the Affordable Housing Tax Credit Coalition signed an industry letter is support of changes to the FHA multifamily mortgage insurance program.
On June 16, 2008, fourteen Senators submitted the below-linked letter to Senate Finance Committee Chairman Max Baucus (D-MT) and Ranking Member Charles Grassley (R-IA) encouraging inclusion of Housing Credit provisions in the final Housing Stimulus Package being debated in the Senate this week.
On May 30, 2008, the Affordable Housing Tax Credit Coalition submitted a letter proposing three issues be added to the Internal Revenue Service's 2008-2009 Priority Guidance Plan.
The House of Representatives has just taken a series of three votes on legislation which will comprise the housing legislation (H.R. 3221) with which it will go to conference with the Senate.
Coalition legal counsel Richard S. Goldstein, Nixon Peabody LLP, has prepared the below-linked side-by-side comparison of both Housing Credit modernization bills (H.R. 5720 and S. 2666).
The Affordable Housing Tax Credit Coalition joined 14 other industry groups on a letter regarding Section 8 funding.
On Tuesday, April 22, 2008, the Coalition distributed the attached letter written in regard to a recent White House communication addressed to Speaker of the House Nancy Pelosi (D-CA) advocating against the Housing Assistance Tax Act of 2008 (H.R. 5720).
Wednesday, April 9, 2008, in a major victory for the Affordable Housing Tax Credit Coalition and the Housing Credit industry, the House Ways and Means Committee passed—by an overwhelming, bipartisan majority—the Housing Assistance Tax Act of 2008, H.R. 5720.
Earlier this afternoon, Tuesday, April 8, 2008, House Ways and Means Committee Chairman Charles B. Rangel (D-NY) introduced the Housing Assistance Tax Act of 2008. This bill represents the House version of the long-awaited modernization proposals previously reported on by the Coalition.
On Monday, February 25, 2008, Senator Maria Cantwell (D-WA) introduced the below-attached Affordable Housing Investment Act of 2008, S. 2666 on behalf of herself and Senators Gordon Smith (R-OR), John Kerry (D-MA), Norm Coleman (R-MN), and Ken Salazar (D-CO). S. 2666 has been commonly referred to as Housing Credit modernization proposals which would allow the Low Income Housing Tax Credit (Housing Credit) program greater flexibility and simplify overly burdensome or out-dated program requirements.
