Congress

The House Financial Services Committee Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises will hold a hearing on the “Financial Losses and Progress of Fannie Mae and Freddie Mac” on September 15.

The U.S. Senate failed to clear a critical procedural hurdle on a new compromise version of HR 4213, the American Jobs and Closing Tax Loopholes Act of 2010 (Tax Extenders Legislation) on June 24. It is unclear when the measure will be taken up again. The current version of the measure includes a number of key tax credit provisions…

Yesterday, the House Financial Services Committee advanced two proposed bills to preserve affordable rental housing and revitalize public housing.

The law firm Goulston & Storrs LLP recently issued an advisory entitled “A Real Estate Developer’s Guide to Carried Interest Legislation.”

The Urban Institute, a non-partisan research think-tank, has published a new paper entitled “Why Housing Choice and Mobility Matter.”

NH&RA is please to offer TEN digital audio recordings of select panel sessions from its recent 2010 Summer Institute & Pre-Conference Symposium on New Markets Tax Credits!

Last week, the Chairman of the House Ways and Means Committee, Rep. Sander M. Levin (D-Mich.) announced the introduction of the Investing in American Jobs and Closing Tax Loopholes Act of 2010 (H.R. 5893).

On July 29, the U.S. House of Representatives approved a Fiscal Year 2011 appropriations bill (H.R. 5850) for the U.S. Department of Housing and Urban Development, U.S. Department of Transportation, and certain other agencies.

The Senate Banking Committee has approved the Livable Communities Act (S. 1619), a bill proposed by Chairman Christopher Dodd (D-Conn.) to improve the coordination between federal housing, community development, transportation, energy, and environmental policies.

The United State’s Senate has issued a substitute amendment for HR 4213, “American Jobs and Closing Tax Loopholes Act of 2010.”Â The Senate is currently scheduled to debate HR 4213 this week. Most of the housing related provisions from the House version remain unchanged, with the exception of a change to the taxation of carried interest provisions. Major features of the amendment include…

National Housing & Rehabilitation Association is pleased to announce that it has released all PowerPoint slide presentations from the 2010 Summer Institute & Pre-Conference Symposium on New Markets Tax Credits.

House Ways and Means Committee Chairman Rep. Sander Levin (D-Mich.) recently released the draft legislative text of the Domestic Manufacturing and Energy Jobs Act of 2010.