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Legislative News
UPDATE: LIFELINE ACT builds support
The LIHTC Financing Enabling Long-Term Investment in Neighborhood Excellence Act has gained significant cosponsorship in the past few months.
TAAHP Board members testify at Interim Charge hearings
This week, TAAHP members provided testimony at the Capital for interim charges related to supply chain disruptions and economic recovery from the COVID-19 pandemic.
U.S. Senate Introduces Bipartisan LIFELINE Act
Senators Patrick Leahy (D-Vt.), Susan Collins (R-Maine), Ron Wyden (D-Ore.) Michael Bennet (D-Colo.), Catherine Cortez Masto (D-Nev.), Angus King (I-Maine), Maggie Hassan (D-N.H.), Alex Padilla (D-Calif.), Jack Reed (D-R.I), Bernie Sanders (I-Vt.) and Sheldon Whitehouse (D-R.I.) on Thursday introduced the bipartisan S. 4181 LIFELINE Act (LIHTC Financing Enabling Long-term Investment in Neighborhood Excellence), to improve the use of state and local and Fiscal Recovery Plan Funds with the nation’s largest affordable housing funding mechanism, the Low-Income Housing Tax Credit (LIHTC).
Texas legislature releases interim charges related to affordable housing
The Texas legislature releases many interim charges related to affordable housing for 88th legislative session.
TAAHP signs letter urging Congress to amend COVID State & Local Recovery Fund to preserve LIHTC Housing
On April 12, TAAHP signed on to the letter sent to Congress by NCHSA and signed by 82 organizations representing state and local government officials and Housing Credit industry participants. The letter urged congressional leaders to amend the underlying statute of the Coronavirus State and Local Fiscal Recovery Fund (SLFRF) to facilitate its use with the Low-Income Housing Tax Credit (Housing Credit) program so that states and local governments may use these funds to build and preserve desperately needed affordable rental housing.
U.S. House Committee Holds Hearing on Promoting Economic Prosperity and Fair Growth through Access to Affordable and Stable Housing
On Tuesday, March 1, 2022, Congressman Jim Himes (CT-04), Chairman of the U.S. House Select Committee on Economic Disparity and Fairness in Growth, held a hybrid hearing examining the role stable and affordable housing plays in creating paths to economic security and enabling every American to pursue their American Dream.
U.S. House Passes Bill to Improve Rental Assistance Distribution
U.S. House passed HR 5196 (Expediting Rental Assistance to Renters and Landlords Act 2021) hoping to improve rental assistance distribution.
Governor Abbott calls for third special legislative session to begin September 20th
The Texas Governor has called for another session to tackle redistricting, as well as other policy priorities such as allocating $16 billion in federal COVID-19 relief funds.
Infrastructure Bill Passed in Senate with Affordable Housing Provisions
Infrastructure Bill Passed in Senate with Affordable Housing Provisions but lacks affordable housing funding.
U.S. 2020 Census data released for Texas House redistricting
2020 U.S. Census data has now been made available to states, allowing Texas to begin its redistricting process. The new data will impact the amount of housing tax credit funding the state receives, and the redistricting process while redefine census tracts. More...