Blog Post
Mar18

Federal Tax Policy Priorities in Response to COVID-19

The Low-Income Housing Tax Credit (Housing Credit) finances more than 90 percent of all affordable housing production and preservation, and the health of the program is critical for the housing stability of millions of low-income families. There are several simple federal actions that can provide timing relief and prevent projects from losing their tax credits due to COVID-19’s impact, some of which are statutory and others that are regulatory.
Posted by:
Blog Post
Mar13

Majority of House Cosponsors the Affordable Housing Credit Improvement Act

The majority of the House of Representatives has cosponsored the Affordable Housing Credit Improvement Act, H.R.3077, with a total of 221 members signed on to the bipartisan legislation. The Affordable Housing Credit Improvement Act (AHCIA) would strengthen and expand the Low-Income Housing Tax Credit (Housing Credit), our nation’s most successful tool for building and preserving affordable housing.
Posted by:
Blog Post
Mar09

Detroit’s Preservation Partnership Highlights Need for Federal Support on Housing Affordability

The city of Detroit has announced a federally-funded Preservation Partnership with Enterprise and other local affordable housing non-profits. The partnership will seek to identify apartment buildings that have low rents and help them be redeveloped in a way that preserves the affordability and prevents displacement. Evelyn Zwiebach, Enterprise Detroit Director for State and Local Policy, urges all Presidential candidates to commit to robust federal funding for critical affordable housing programs.
Blog Post
Jan28

Public Land for Public Good: Breaking Ground for Affordable Housing at Seattle Center

The problem of homelessness in the greater Seattle area has reached a crisis level in recent years, that requires ever more creative solutions. The most recent example of innovation in partnership and financing broke ground in Seattle’s Uptown neighborhood, near Seattle Center, on publicly owned land provided at nearly no cost by the city of Seattle (a $1 per year ground lease arrangement).
Blog Post
Jun25

JCHS’ State of the Nation’s Housing 2019 Report Shows that Renters Remain Widely Cost Burdened Even as Burden Rates Declined Slightly

Today the Joint Center for Housing Studies (JCHS) at Harvard University released the State of the Nation’s Housing 2019, its annual assessment of the housing market, demographic trends and the housing challenges faced by U.S. households.
Posted by:
Blog Post
Sep19

GAO Releases Report on Housing Credit Development Costs

Yesterday the Government Accountability Office (GAO) released a report on Low-Income Housing Tax Credit (Housing Credit) development costs, which analyzes total development costs in Housing Credit properties across 12 allocating agencies between 2011 and 2015.
Blog Post
Sep07

New Report Finds Reasonable Development Costs in Housing Credit Units Nationwide

Today the National Council of State Housing Agencies (NCSHA) published a new report, Variation in Development Costs for LIHTC Projects, which analyzes total development costs in Low-Income Housing Tax Credit (Housing Credit) developments nationwide.
Blog Post
Jun14

NLIHC Report Documents the Gap between Wages and the Cost of Rental Housing

The report, which documents the gap between wages and the cost of housing, and breaks down and maps housing wage data by state, metropolitan area and county, also points out that in no jurisdiction can a worker earning the federal or prevailing state minimum wage afford a two-bedroom rental home at FMR by working a standard 40-hour week.
Blog Post
Dec20

Congress Approves Tax Reform Legislation

The House and Senate have both approved the conference report of the Tax Cuts and Jobs Act. The House passed the bill yesterday by a vote of 227 – 203, with 12 Republicans and all Democrats voting against it, and had to vote again today because of some technical corrections that arose during Senate consideration.
Blog Post
Dec01

Bipartisan Policy Center Finds Link between the Housing Credit and Public Health

A new report from the Bipartisan Policy Center, Building the Case: Low-Income Housing Tax Credits and Health, uses the robust evidence base linking affordable housing to better health outcomes to conclude “the Low-Income Housing Tax Credit contributes positively to the nation’s public health.”
Blog Post
Nov20

Action Alert: Ask Your Members of Congress to Sign On to Support Private Activity Bonds

Rep. Randy Hultgren (R-IL-14) is circulating a letter to House and Senate leadership opposing the proposed elimination of tax exempt private activity bonds in the House’s version of the Tax Cuts and Jobs Act (H.R. 1), focusing on the need for private activity bonds to support investments in our nation’s infrastructure.
Opp360 logo

For full access to our tools and resources, please provide the information below.

We use this data to better understand our users; we do not sell or share this data. By providing this information, you can expect to receive newsletters and other updates from Opportunity360.