Legislation & Legislation Proposals
Congressional Letter to Treasury and IRS on Average Income Test
This May 26, 2022, letter from Senators Michael Bennet (D-CO), Todd Young (R-IN), Rob Portman (R-OH), Ron Wyden (D-OR), and Mike Crapo (R-ID) and Representatives Suzan DelBene (D-WA), Jackie Walorski (R-IN), Donald Beyer (D-VA), and Richard Neal (D-MA) urges the Treasury Department and Internal Revenue Service to expedite release of the final rule on the Housing Credit Average Income Test in a manner that is workable and responsive to Housing Credit industry feedback.ย
Senate LIHTC Financing Enabling Long-term Investment in Neighborhood Excellence (LIFELINE) Act of 2022
This legislation, S.4181, introduced on May 11 by Senators Patrick Leahy (D-VT) and Susan Collins (R-ME), would allow state, local, territorial, and tribal governments to use Coronavirus State and Local Fiscal Recovery Funds to make long-term loans to Housing Credit developments.ย
Senate Dear-Colleague Letter: HOME Investment Partnerships Program FY 2023
In April 2022, Senator Chris Coons (D-DE) circulated to his Senate colleagues this sign-on letter requesting support from the Senate Committee on Appropriations Subcommittee on Transportation, Housing and Urban Development, and Related Agencies to increase funding for the HOME Investment Partnerships program (HOME) to at least $2.1 billion for fiscal year 2023.
House Dear-Colleague Letter: HOME Investment Partnerships Program FY 2023
In April 2022, Representative Joyce Beatty (D-OH) circulated to her House colleagues this sign-on letter requesting support from the House Committee on Appropriations Subcommittee on Transportation, Housing and Urban Development, and Related Agencies to increase funding for the HOME Investment Partnerships program (HOME) to at least $2.5 billion for fiscal year 2023.
Dear Colleague Letter: House LIFELINE Act, H.R. 7078
This โDear Colleagueโ letter, circulated by Representatives Alma Adams (D-NC) and David Rouzer (R-NC), encourages members of the House of Representatives to cosponsor the bipartisan LIHTC Financing Enabling Long-Term Investment in Neighborhood Excellence (LIFELINE) Act, H.R. 7078, which Adams and Rouzer introduced on March 15. NCSHA has endorsed the legislation.
NCSHAโs Analysis of the Biden Administrationโs FY 2023 Budget Request
This resource is NCSHAโs analysis of the Biden Administrationโs Fiscal Year 2023 Budget Request. The $5.8 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.
State, Local Government and Housing Industry Sign-On Letter to Congressional Leaders on Using Fiscal Recovery Funds with the Housing Credit
This February 28 letter urges congressional leaders to amend the underlying statute of the Coronavirus State and Local Fiscal Recovery Fund to facilitate its use with the Housing Credit.
Campaign for Housing and Community Development Funding Letter on FY 2022 Appropriations
This November 19, 2021, letter sent by NCSHA and fellow steering committee members of the Campaign for Housing and Community Development Funding (CHCDF) urges Congress to enact fiscal year 2022 appropriations bills as soon as possible and outlines the devastating impacts on affordable housing and community development programs when multiple, or lengthy, continuing resolutions are in place.
Senate Democratsโ Leadership Letter Supporting Housing Funding in Reconciliation
On October 14, 2021, 36 Democratic Senators sent this letter to President Biden, House Speaker Pelosi, and Senate Majority Leader Schumer asking them to support comprehensive, robust housing funding in legislation to enact President Bidenโs Build Back Better plan.
