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;

Breaking Ground

Jennifer Leimaile Ho, Minnesota Housing Commissioner and Incoming Chair of National Council of State Housing Agencies

Pamela Martineau • December 1, 2024 10 min read

Earlier this fall, Jennifer Leimaile Ho was elected chair of the National Council of State Housing Agencies’ (NCSHA) 2025 Board of Directors. Ho is the Commissioner of Minnesota Housing, having been appointed by Governor Tim Walz in January 2019 and reappointed in 2023.

“Business as Usual”

Leaders in Equity Express Optimism Despite an Uncertain Future

Abram Mamet • December 1, 2024 9 min read

Any outside observer may assume some unease amongst the low-income housing industry. Buffeted on the one hand by residual stressors from the COVID-19 pandemic and on the other by the uncertain prospects of an incoming federal administration keen on cutting spending and shrinking government programs, the affordable housing landscape is experiencing an inflection point.

NCSHA Recognizes Stand-Out Affordable Housing Programs and Initiatives

Pamela Martineau • December 1, 2024 7 min read

This fall, the National Council of State Housing Agencies (NCSHA) recognized 17 programs offered by state housing finance agencies across the nation that creatively developed tools to tackle their communities’ affordable housing challenges.