The task force would be composed of 18 members, all of whom would be appointed in a bi-partisan fashion by majority and minority leaders of the House and Senate.
The tax credit would be available to renters earning less than $100,000, and the benefit shrinks as a tenant’s income rises.
The bill, sponsored by Rep. Sean Duffy (R-WI), would authorize the Secretary of Housing and Urban Development to carry out a housing choice voucher mobility demonstration to encourage families receiving such voucher assistance to move to lower-poverty areas and expand access to opportunity areas.
The proposal would reorganize several aspects of the Federal Government, with affordable housing and GSE reform in the mix.
Due to procedural rules, Congress had until June 22 to pass the rescissions with a simple majority.
The THRIVE Act is a plan to create a transitional housing program for individuals recovering from opioid addiction or other substance abuse disorders.
NH&RA encourages its members to support this important legislation. Sponsors anticipate there is an opportunity to attach the basis adjustment language to a larger legislative package that is likely to move through Congress toward the end of the year. Support for the legislation needs to come from both sides of the aisle to improve its chances of enactment.
The Reforming Disaster Recovery Act of 2017 (H.R. 4557) proposes to permanently authorize the Community Development Block Grant – Disaster Recovery (CDBG-DR) program.
The US Senate Appropriations Committee has approved its FY-2019 Transportation, Housing, and Urban Development spending measure (S. 3023). The Senate committee proposes an additional $4.3 billion in Tenant Based Vouchers and an additional $400 million in Project Based Rental Assistance over the House’s T-HUD funding language (which was approved by the full House Appropriations Committee on May […]
Rep. Carlos Curbelo (R-FL) is circulating a ‘Dear Colleague’ letter asking his House colleagues to cosponsor the Affordable Housing Credit Improvement Act (H.R. 1661), bipartisan legislation that would strengthen the Low-Income Housing Tax Credit.
The House has put off a vote on President Trump’s proposed rescission request, which recently passed legal muster under a Government Accountability Office study (only $134 million, all from the Transportation Department, was decided as improper to impound of the total $15.2 billion). House Majority Leader Kevin McCarthy (R-CA) stated the reason is simply an […]
In his 5/2/18 column for National Mortgage News, “Vote to confirm Trump’s FHA commissioner has been delayed too long,” NH&RA President and CEO Peter Bell says that despite having a qualified candidate ready to serve, Senate leadership on both sides of the aisle have ignored their responsibility to vote on Brian Montgomery’s nomination as Federal […]