Key Bills at a Glance

By Caitlin Jones
April 7, 2010 1 min read

Following is the status of key bills pending in Congress that NH&RA and its Councils are advocating or supporting:

H.R. 4213. Would extend LIHTC Section 1602 exchange program, NMTC program, GO Zone LIHTC deadlines, GO Zone enhanced historic tax credits. Passed by House and Senate; awaiting resolution of differences for final passage. House-passed H.R. 4849 would extend exchange program to 4% credits.

H.R. 4099, S. 2787. Would create new financial incentives for owners of federally assisted rental housing projects for energy and water efficiency improvements and the use of renewable energy sources. Introduced; no action yet.

H.R. 2628, S. 1583. Would provide multi-year extension of new markets tax credit, increase annual funding, exempt NMTC from alternative minimum tax. Introduced.

H.R. 3715, S. 1743. Would make numerous amendments to enhance federal historic and rehabilitation tax credits. Introduced.

H.R. 3527. Would increase FHA multifamily loan limits for extremely high-cost areas and elevator buildings. Introduced.

H.R. 4868. Comprehensive housing preservation bill introduced by Rep. Barney Frank (D-Mass.)

Choice Neighborhoods Initiative: Proposed by Administration. No bill introduced yet.

Leveraging NMTC and GGRF

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