Legislative Archive

Legislative Update - 2018

March, 2018

As I write this column in late March to assess the last year in federal policy, Congress just reached agreement on an omnibus spending bill to fund federal agencies for the remainder of FY 2018. That legislation provides for a four year, 12.5% increase in the allocation cap for the Housing Credit program, remarkably the only tax provision in the...
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Legislative Update - 2016

April, 2016

For the past seven years, policy discussions around the Housing Credit have mostly revolved around the question of what tax reform would mean for the program since the bipartisan pursuit of lower tax rates for corporations was presumed to also require the elimination of most special deductions and tax credits. Yet, even as that debate persisted in...
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Legislative Update - 2015

April, 2015

Calendar year 2015 was a landmark year for the Low-Income Housing Tax Credit program because we finally were able to achieve enactment of a permanent minimum 9% tax credit rate for allocated housing credits. This success was due to the diligent efforts of a broad coalition of affordable housing advocates across the country, including NASLEF members....
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