Blog Post
Jun25

Enterprise and National Partners Applaud Bipartisan Legislation to Prevent Premature Loss of Housing Credit Properties

Today legislators introduced a bipartisan bill, The Save Affordable Housing Act of 2019, that would make a crucial correction to the Qualified Contract (QC) provision in Section 42 of the Internal Revenue Code and save thousands of Low-Income Housing Tax Credit (Housing Credit) properties from prematurely converting to market rate.
Posted by:
Blog Post
Jun06

New Resources Show Impact of Housing Bonds and How Affordable Housing Credit Improvement Act Would Result in More Affordable Homes

The ACTION Campaign (ACTION), which Enterprise co-chairs, released new fact sheets that demonstrate the impact of multifamily housing bonds (Housing Bonds) with the Low-Income Housing Tax Credit (Housing Credit), as well as the projected additional affordable homes from establishing a minimum 4 percent Housing Credit rate at the national scale and for the top 12 states that would benefit.
Posted by:
Blog Post
Nov17

House Passes Tax Reform Bill, Senate Finance Committee Sends Tax Reform Bill to Floor

Yesterday, the House passed its tax reform bill, which would have devastating impacts on affordable housing and community development. The Senate also passed its tax reform bill out of Committee yesterday and will plan to send the bill to the Senate floor for a vote the week of November 27. Now is the last opportunity advocates may have to advocate for the Housing Credit, Housing Bonds and NMTC in the tax reform process.
Posted by:
Blog Post
Aug01

Senate Finance Committee Holds Hearing on Affordable Housing

The Senate Finance Committee held a hearing on "America’s Affordable Housing Crisis: Challenges and Solutions."In a bipartisan show of support for affordable housing, members of the Committee from both sides of the aisle acknowledged the need for more affordable housing and the role of the Low-Income Housing Tax Credit (Housing Credit) as our nation’s primary tool for increasing the supply of affordable rental housing.
Posted by:
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.