Legislation & Legislation Proposals
Homeowner Assistance Fund (S.254)
This legislation, introduced by Senator Jack Reed (D-RI) with lead cosponsors Sherrod Brown (D-OH), and Patrick Leahy (D-VT), would authorize a $75 billion Homeowner Assistance Fund at the Department of the Treasury, which would be administered at the state level to help struggling homeowners avoid foreclosure and utility shut-offs.ย
American Rescue Plan
This document outlines President-Elect Bidenโs proposal for a comprehensive COVID-19 relief platform, including housing aid.
NCSHA Summary of Emergency Rental Assistance
This summary provides the details of the emergency rental assistance program authorized under the Consolidated Appropriations Act of 2021.
Affordable Housing Credit Improvement Act (AHCIA, S.1703/H.R. 3077) Cosponsorship List by State
This document tracks the members of Congress who have cosponsored the Affordable Housing Credit Improvement Act (S. 1703/H.R. 3077) to amend the Internal Revenue Code of 1986 to reform the Low Income Housing Tax Credit.
Consolidated Appropriations Act of 2021
This legislation includes FY 2021 omnibus appropriations for all federal governmental departments and agencies, coronavirus relief, and tax provisions.
Scaled-Back HEROES Act Legislative Text
This House bill would provide $2.2 trillion in coronavirus relief.ย It is a scaled-back version of the $3.4 trillion Health Economic Recovery Omnibus Emergency solutions (HEROES) Act the House passed in May.
2020 Disasters Tax Relief Act
This bill, introduced by Senator Ron Wyden (D-OR), would provide tax relief to individuals and businesses in areas for which a major disaster is declared under the Stafford Act between January 1, 2020, and 60 days after the bill's enactment. The bill includes supplemental disaster Housing Credits for states experiencing a major disaster.ย
Bipartisan House Sign-On Letter Supporting Housing Credit Provisions in Coronavirus Relief Legislation
This letter, signed by 103 members of the House of Representatives from both parties, urges House leadership to prioritize an increase in the Housing Credit volume cap, establishment of a minimum 4 percent rate for bond-financed Housing Credit developments, basis boosts for certain properties, and lowering the โ50 percent Testโ threshold for triggering Housing Credit equity in bond-financed properties.
House Member Sign-On Letter to Leadership Supporting Housing Credit Provisions in Coronavirus Relief Legislation
Representatives Suzan DelBene (D-WA) and Jackie Walorski (R-IN) are circulating this House of Representatives member sign-on letter in support of inclusion of the Low Income Housing Tax Credit priorities in the next coronavirus relief bill. The letter will be sent to House leadership.
