Recent News

Friday, October 11, 2019

Beto O’Rourke, a Democratic candidate for president, today released a housing plan that requires permanent affordability for homes funded by the 9 percent low-income housing tax credit. O’Rourke, a former U.S. congressman from Texas, also proposes a $400 billion investment in the National Housing Trust Fund and a $60 billion investment in the Capital Magnet Fund over a decade.

Thursday, October 10, 2019

Democratic presidential candidate Michael Bennet today posted a housing plan on his website that includes a call for a 50 percent increase in allocation of 9 percent low-income housing tax credits (LIHTCs), as well as other proposals that are part of the Affordable Housing Credit Improvement Act. Bennet, a U.S.

Wednesday, October 9, 2019

The Internal Revenue Service (IRS) this week released the 2019-2020 priority guidance plan, which established guidance priorities for the Department of the Treasury and IRS for the period from July 1, 2019, through June 30, 2020.

Tuesday, October 8, 2019

The Federal Housing Financing Agency today released 2018 Low-Income Housing and Community Development Activities of the Federal Home Loan Banks. The report says that the 11 Federal Home Loan Banks provided more than $450 million in Affordable Housing Program (AHP) funds in 2018, an increase of about 15 percent over 2017.

Monday, October 7, 2019

Two U.S. Senators introduced legislation to expand the U.S. Department of Agriculture (USDA) Rural Development (RD) rental assistance programs and further expand and align other rural affordable housing programs. The Rural Housing Preservation Act of 2019 (S.

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