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.
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...
The owner of Marlin Square Apartments in Marlin, Texas, has, in accordance with the Right of First Refusal (ROFR), provided proper notice of intent and requests that the Department find a qualified entity who will purchase the development at or above the prescribed price.