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Remington Baltimore

What Will the ‘One Big Beautiful Bill’ Mean for Affordable Housing, Communities?

While the One Big Beautiful Bill Act contains many provisions we oppose, there are meaningful wins that will support the development of affordable housing and direct critical investments to underserved communities. These include the largest expansion of the Housing Credit since 2000 and the permanent extension of the NMTC after years of short-term renewals and expirations.
Low-Income Housing Tax Credit
New Markets Tax Credit
Policy 
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U.S. Capitol with women walking

Senate Advances FY26 Housing and Community Development Spending Proposals

The Senate Appropriations Committee approved their HUD fiscal year 2026 (FY26) spending bill proposal on July 24, rejecting many of the drastic cuts and proposals to consolidate rental assistance and homelessness programs that were included in the President’s Budget Request, and avoiding many of the cuts that were proposed in the House bill.
Policy