The Affordable Housing Equity Act of 2025 (H.R. 3964) would provide a 50 percent eligible basis boost for projects that reserve at least 20 percent of units for ELI households and are deemed financially infeasible without such a boost.
The House of Representatives narrowly passed a sweeping reconciliation bill early Thursday morning. The bill, which encompasses President Trump’s 2025 economic agenda and includes several key Low-Income Housing Tax Credit (LIHTC) reforms, will now be sent to the Senate for further consideration. The legislation advanced by a single vote after days of intraparty negotiation. What […]
The Senate Finance Committee recently voted 16-11 to advance Scott Bessent’s nomination for U.S. Treasury Secretary. His nomination now heads to the Senate floor, where a final confirmation vote is expected in the coming days.
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Against a deepening crisis in affordable housing across the country, the U.S. Department of the Treasury urges state action against a long-standing provision in the LIHTC program, commonly referred to as the “qualified contract loophole.”
The National Housing Crisis Task Force recently released “From Crisis to Transformation: Federal Housing Policy Agenda,” a report containing 40 policy recommendations for the Trump Administration and Congress to tackle to alleviate the nation’s shortage of affordable housing. The National Housing Crisis Task Force launched in July as a project of Drexel University’s Nowak Metro […]
The Treasury Department recently released a report that analyzed the first year of the Low-Income Communities Bonus Credit Program. The program is part of the Biden-Harris Administration's "Investing in America" agenda and represents an unprecedented incentive to increase solar and wind installation in low-income communities.
HUD recently proposed guidance impacting Low-Income Housing Tax Credit (LIHTC) projects involved in Federal Housing Administration (FHA) Multifamily Rental and Risk Share programs. The proposed guidance is meant to close the qualified contract loophole in the LIHTC program.