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.
During the fifth Democratic debate on November 21, NBC White House correspondent Kristen Welker asked, “Millions of working Americans are finding that housing has become unaffordable… why are you the best person to fix this problem?”
Salazar Testimony Before the House Financial Services Subcommittee on Housing, Community Development, and Insurance
Oregon Housing and Community Services Executive Director and NCSHA Secretary/Treasurer Margaret Salazar represented the nation’s state housing finance agencies on November 20 during a hearing before the House Financial Services Subcommittee on Housing, Community Development, and Insurance focused on the health, safety, and soundness of HUD-assisted rental and public housing.
The National Council of State Housing Agencies and the Economic Innovation Group are collaborating on a series of case studies of developments that incorporate Opportunity Zone investment to create new affordable homes and support community revitalization efforts. To submit a development for this series, please complete this form.
This letter, signed by NCSHA and ten other affordable housing practitioners and advocates, focuses on the importance of qualified contracts of Housing Credit properties in an effort to prevent the loss of affordable housing.
The IRS released the 2020 volume caps for Housing Credit and Private Activity Bonds (PABs).
This summary provides a comprehensive overview of the legislation to amend the Internal Revenue Code of 1986 to require reporting for Qualified Opportunity Funds, to make modifications to Opportunity Zones, and for other purposes.
The Opportunity Zones Reporting and Reform Act of 2019 was created to amend the Internal Revenue Code of 1986 to require reporting for Qualified Opportunity Funds, to make modifications to Opportunity Zones, and for other purposes.
The National Council of State Housing Agencies (NCSHA) appreciates the opportunity to provide our perspectives on the Internal Revenue Service (IRS) request for comments in Notice 2019-52 regarding possible improvements to Revenue Procedures 2014-49 and 2014-50 regarding natural disasters.