On October 13, TAAHP filed formal comments with the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) on their proposed changes to the Community Reinvestment Act (CRA) regulations. TAAHP also signed onto the...
The Affordable Housing Tax Credit Coalition (AHTCC), a TAAHP industry partner, is closely following implementation of the federal Public Welfare Investment (PWI) cap increase, which raised the limit from 15% to 20%. The increase was a key priority in the 21st...
Sens. Ruben Gallego (D-AZ) and Mike Rounds (R-SD) have introduced the Affordable Housing Credit Carryback Act (S. 5366), a Senate companion to legislation previously introduced in the House by Reps. Mike Carey (R-OH) and Jimmy Panetta (D-CA). The legislation would...
With the federal government’s current funding set to expire on September 30, the Senate approved a continuing resolution (CR) in August aimed at preventing a shutdown. The measure passed 90-6 and would maintain federal funding at existing levels through December...
On August 12, the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) issued a proposed rule in the Federal Register outlining changes to regulations implementing the Community Reinvestment Act (CRA). The Federal...
The Senate Committee on Local Government held the first of two interim hearing days on September 1. The charge covered the effect of SB 4 and SB 23 and the prior rounds of property tax legislation. Most of the day went to a new statewide dataset from Chairman Paul...
On August 8, the Senate passed a bipartisan continuing resolution (CR) extending funding for federal programs and services through December 11. The legislation also delays implementation of new Office of Management and Budget (OMB) grant making requirements...
After a brief delay, the 21st Century ROAD to Housing Act has become law. The bicameral, bipartisan bill passed the House 358-32 and the Senate 85-5 but has been sitting in the Oval Office since the start of the month. However, the President refused to sign or...
The Senate Banking Committee and the House Financial Services Committee announced they have reached a bipartisan, bicameral agreement on the 21st Century ROAD to Housing Act — the comprehensive housing reform package Congress has been developing over the past year....
House Housing and Insurance Subcommittee Chairman Mike Flood (R‑NE) and Representative Maggie Goodlander (D‑NH) introduced the Build Housing Affordably Act today. The bill would require HUD to undertake a comprehensive study of how Build America, Buy America (BABA)...
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