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Legislative News
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...
Affordable Housing Credit Improvement Act
The Affordable Housing Credit Improvement Act, which seeks to expand the Low Income Housing Tax Credit Program, has been reintroduced in Congress this session as S. 1136 and H.R. 2573. The changes proposed in this legislation are estimated to increase the supply of affordable housing by over 2 million units over 2 years.
U.S. Congress reintroduces Affordable Housing Credit Improvement Act
Last week, Senators Maria Cantwell (D-WA), Todd Young (R-IN), Ron Wyden (D-OR), and Rob Portman (R-OH) and Representatives Suzan DelBene (D-WA), Jackie Walorski (R-IN), Don Beyer (D-VA), and Brad Wenstrup (R-OH) introduced the Affordable Housing Credit Improvement Act (AHCIA) of 2021 (S. 1136/H.R. 2573). The bill — one of NCSHA’s highest legislative priorities — is comprehensive legislation that would expand and strengthen the Low Income Housing Tax Credit (Housing Credit). The House and Senate versions of the legislation are identical.
Biden’s Proposed Infrastructure Bill Includes $213 billion for affordable housing
The plan seeks to: Produce, preserve, and retrofit more than a million affordable, resilient, accessible, energy-efficient, and electrified housing units through targeted tax credits, formula funding, grants, and project-based rental assistance. Build and rehabilitate...
Governor Abbott released his Budget for 2022-2023 and his priorities for 87th Legislative Session
Governor Abbott released his Budget for 2022-2023 and his priorities for this session.
President Signs COVID Relief & Omnibus Spending Bill-Includes 4% Housing Tax Credit Permanent Floor
President Trump signs the COVID-19 Relief and Omnibus Spending Bill, which includes a minimum floor for 4% Housing Tax Credit, rent assistance, 1-month eviction moratorium extension, and $600 direct payments to most Americans.