Legislation & Legislation Proposals
Tax Relief for American Families and Workers Act of 2024: Fact Sheet and Summary
The Tax Relief for American Families and Workers Act of 2024 proposed by Senate Finance Committee Chair Ron Wyden (D-OR) and House Ways and Means Committee Chair Jason Smith (R-MO) would restore the 12.5% increase in Housing Credit authority for calendar years 2023, 2024, and 2025 and lower the bond financing test to 30 percent for projects financed with bonds issued before 2026 and placed in service after December 31, 2023, which would allow financing of more than 200,000 new rental homes with the Housing Credit and multifamily Housing Bonds.
AHCIA Co-Lead Letter to House Leadership
This December 15, 2023, letter was sent to Speaker of the House Mike Johnson and House Minority Leader Hakeem Jeffries by the lead sponsors of the Affordable Housing Credit Improvement Act, urging...
Workforce Housing Tax Credit Act
This legislation would enact a Middle-Income Housing Tax Credit to incentivize private-sector investment in rental housing for households earning between 60 and 100 percent of area median income. The...
Resources on McKinney-Vento Title V
Set of resources related to the McKinney-Vento Act, which gives nonprofit organizations and state and local governments an effective right of first refusal to acquire at no cost surplus federal properties โ including office buildings โ to facilitate their redevelopment as affordable apartments.
NCSHA Analysis of Biden Administrationโs FY 2024 Budget Request
This resource is NCSHAโs analysis of theย Biden Administrationโs Fiscal Year 2024 Budget Request. The $6.9 trillion budget outlines the Biden Administrationโs fiscal priorities, including for U.S. Department of Housing and Urban Development and U.S. Department of Agriculture housing programs.
Affordable Housing Credit Improvement Act of 2021 (S. 1136/H.R. 2573): Cosponsorship List by State
This document tracks the members of Congress who have cosponsored the Affordable Housing Credit Improvement Act of 2021 to amend the Internal Revenue Code of 1986 to reform the Low Income Housing Tax Credit.
Congressional Sign-On Letter Supporting Action on Housing Credit Priorities in 2022 Lame Duck Session
This November 28, 2022, letter signed by 54 members of Congress urges House leadership to pass legislation by yearโs end to restore the 12.5 percent Housing Credit allocation increase that expired at the end of 2021 and to lower the bond financing threshold from 50 to 25 percent.ย
Analysis: The Bipartisan Infrastructure Law โ Implications for Affordable Housing
NCSHA commissioned UpLook Advisors to perform a high-level assessment of the 2021 Bipartisan Infrastructure Lawโs implications for housing. The analysis highlights a number of new and existing...
Downpayment Toward Equity Act
The Downpayment Toward Equity Act, H.R. 4495, would establish a grant program for states and other eligible entities to be used for down payment assistance to first-generation home buyers. This version of the legislation was reported favorably by the Financial Services Committee on June 23, 2022, after being adopted as a substitute amendment.
