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Ways and Means Chairman Releases Broad Framework for Tax Legislation Following Up on 2017’s Reforms
Earlier today, House Ways and Means Chairman Kevin Brady (R-TX) released a framework outlining key goals for tax legislation he intends to introduce this Fall as a follow up to the tax reform legislation enacted in December, 2017.
Banking Committee Considers Kraninger Nomination to Head CFPB
The Senate Banking Committee last week held a hearing to consider the nomination of Kathleen Kraninger to serve as Director of the Consumer Financial Protection Bureau (CFPB).
Senator Harris Introduces Renters’ Tax Credit Legislation
On July 19, Senator Kamala Harris (D-CA) introduced The Rent Relief Act of 2018, S. 3250, to provide renters with a refundable credit against their federal tax liability for the rent and utilities they pay in excess of 30 percent of their gross annual income.
Financing for Rental Housing Developments Approved by NHHFA Board
Funding for six multi-family affordable rental housing developments, which will produce or preserve 166 units of general occupancy, age-restricted and special needs housing around the state, was recently approved.
FY 2018 Capital Magnet Fund Application Round Now Open
On July 18, the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) opened the Fiscal Year (FY) 2018 funding round for the Capital Magnet Fund (CMF).
Senators Introduce Bipartisan Legislation to Create Affordable Housing Task Force
On July 18, Senator Todd Young (R-IN) introduced S.3231, the Task Force on the Impact of Affordable Housing Crisis Act.
Stockton Williams Interviewed, HFA Programs Featured in “The Down Payment Report”
The July edition of Down Payment Report, the monthly newsletter published by online home-buying assistance aggregator Down Payment Resource, includes an interview with NCSHA Executive Director...
Funding Available for the Development of Affordable Housing
SDHDA announces approximately $17.5 million is available for funding during the 2018 application cycle for the HOME Investment Partnerships, Housing Tax Credit, Housing Opportunity Fund, Housing Trust Fund and Neighborhood Stabilization programs.
Hogan Administration Announces $3 Million Expansion of Maryland SmartBuy Program
The Hogan administration today announced that Maryland SmartBuy, a nationally-recognized program that assists first-time homebuyers burdened with student debt, will expand in August 2018.
Washington Report | July 13, 2018
Almost exactly 10 years ago — on July 15, 2008 — Treasury Secretary Henry Paulson told the Senate Banking Committee: “If you've got a squirt gun in your pocket, you probably will have to take...
Children’s HealthWatch Study Finds Avoidable Health and Education Costs Incurred Due to Unstable Housing
Children’s HealthWatch, a nonpartisan network of pediatricians, public health researchers, children’s health and policy experts, finds that good health begins at home, not at a doctor’s office.
LHC Board Authorizes Soft Second Loan Program for First-time Homebuyers in Disaster Stricken Parishes
the Louisiana Housing Corporation Board of Directors approved $6.1 million for LHC’s soft second mortgage assistance initiative, which is slated to launch August 2018.
