Legislation & Legislation Proposals
Analysis: The Bipartisan Infrastructure Law — Implications for Affordable Housing
NCSHA commissioned UpLook Advisors to perform a high-level assessment of the 2021 Bipartisan Infrastructure Law’s 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.
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.
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.
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 “Dear Colleague” 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.
NCSHA’s Analysis of the Biden Administration’s FY 2023 Budget Request
This resource is NCSHA’s analysis of the Biden Administration’s Fiscal Year 2023 Budget Request. The $5.8 trillion budget outlines the Biden Administration’s 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.
