Ways and Means Democrats Introduce Tax Credit Bill

By Caitlin Jones
April 11, 2011 1 min read

Tax Credit Advisor, April 2011: On March 10, Democratic members of the House Ways and Means Committee introduced a bill containing tax credit and bond provisions. The bill’s fate is unclear, given Republican control of the House and other factors. The bill (H.R. 992) would:

Extend the Section 1602 low-income housing tax credit exchange program through 2011. Under this, state housing credit agencies could exchange part of their unused housing credit authority for cash grants and award the funds to developers of proposed affordable rental housing projects;
Allow new market tax credit investments made between March 15, 2010 and January 1, 2012 to offset alternative minimum tax liability;

Leveraging NMTC and GGRF

A Synergistic Approach to Community Development

Jennifer Kirkley & Regan St. Pierre • September 13, 2024 6 min read

Increasingly, climate solutions are central to preserving and creating wealth and well-being in communities across the country.

What Can Be Done About Insurance?

NH&RA Panelists Explore Ways to Rein in High Insurance Costs for Affordable Housing

Pamela Martineau • September 1, 2024 6 min read

Meet with your underwriter in person, provide as much data as possible on relevant inspections and offer photos of improvements you’ve made to affordable housing properties. These were just a few of the tips offered at the National Housing & Rehabilitation Association’s Summer Institute Panel: “What Can Be Done About Insurance?”

Rainbow Housing: Transforming Resident Services from Within

Abram Mamet • September 1, 2024 9 min read

For most organizations, radical shifts in market strategy and company makeup generally come after crises. For Rainbow Housing Assistance Corporation (Rainbow), that radical shift came not as a result of significant challenges, but as a way to leverage successful internal practices to better serve the affordable housing industry.