Congress

Congress Seeks to Strike Deal to Avoid Shutdown

With a government shutdown four days away, Congress is moving into crisis mode as both sides seek to strike a deal.

Local Government Leaders Across the Nation Urge Congress to Expand, Strengthen the Housing Credit

Mayors, county executives and other elected executive leaders from local municipalities in nearly every state in the nation this week sent congressional leaders a letter urging Congress to pass the Affordable Housing Credit Improvement Act (AHCIA) (S.1557/H.R. 3238).

Looming Shutdown and Effect to Housing

Congress is likely on track to trigger a government shutdown on Oct. 1, 2023, with little hope of passing the 12 appropriations bills before the start of the new fiscal year and a standoff in the House Republican Caucus around a short-term continuing resolution.

Congress Returns this Week with Looming Appropriations Deadline

The House returned this week following August recess and both chambers are racing to meet the September 30 appropriations deadline.

House and Senate Advance FY 2024 Appropriations

Last week the House and Senate Appropriations Committees both voted Fiscal Year (FY) 2024 Transportation-Housing and Urban Development (T-HUD) appropriations bills out of committee.

FY 2024 Budget Process Underway

House and Senate Appropriations Committees are racing to pass Fiscal Year (FY) 2024 funding ahead of the August recess and September 30 fiscal year end.

Neighborhood Homes Improvement Act Introduced in the House

Last week, Representatives Mike Kelly (R-PA) and Brian Higgins (D-NY) reintroduced the Neighborhood Homes Investment Act (H.R. 3940).

House Ways and Means Chairman Smith Releases Tax Priorities – LIHTC Not Included

House Ways and Means Chairman Jason Smith (R-MO) released The American Families and Jobs Act, an opening salvo for a year-end tax package. The package focuses primarily on extensions of expired business-related tax credits from the Tax Cuts and Jobs Act of 2017.