On Friday, July 4th, President Trump signed the “One Big Beautiful Bill Act” (H.R. 1) – a sweeping budget reconciliation package that includes the most substantial expansion of federal affordable housing resources in 25...more
7/8/2025
/ Affordable Housing ,
Budget Reconciliation ,
Federal Funding ,
Housing Developers ,
Investment Tax Credits ,
New Legislation ,
Real Estate Development ,
Real Estate Market ,
Tax Credits ,
Tax Reform ,
Trump Administration
On July 1, 2025, in a 51-50 vote, the Senate approved its tax reconciliation bill which includes key provisions to expand the low-income housing tax credit (LIHTC). If enacted, these provisions would amount to the largest...more
On April 8, 2025, the federal Affordable Housing Credit Improvement Act (“AHCIA”) was reintroduced in the House with 117 bipartisan co-sponsors from over 30 different states. The bill would expand the Low-Income Housing Tax...more
4/11/2025
/ Affordable Housing ,
Federal Funding ,
Housing Developers ,
Incentives ,
Legislative Agendas ,
New Legislation ,
Popular ,
Proposed Legislation ,
Real Estate Development ,
State and Local Government ,
Tax Credits ,
U.S. Treasury
The U.S. Congress is currently considering the “Accelerated Supply of Affordable Production [ASAP] Housing Act” (the “Act”), legislation to address the nationwide affordable housing shortage and surrounding real estate...more
10/30/2024
/ Affordable Housing ,
Bonds ,
Community Development ,
Housing Developers ,
Housing Market ,
Investors ,
Real Estate Development ,
Real Estate Market ,
Rental Property ,
Tax Credits ,
Urban Planning & Development
More Americans than ever are priced out of the housing market and President Biden has outlined steps his administration is taking to increase development of affordable housing.
In the 2024 Economic Report of the...more
Governor Kathy Hochul recently signed Executive Order No. 30, entitled “Directing State Agencies, Authorities, and Entities to Prioritize the Allocation of Certain Discretionary Funds to those Localities that Promote the...more
On Tuesday January 10, 2023, New York Governor Kathy Hochul announced an ambitious, strategic plan to address New York’s statewide housing shortage. The proposal, called the New York Housing Compact (“Housing Compact”),...more