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Take Action Now: Urge the Senate to Support Housing Priorities in Relief Legislation

Posted By Administration, Wednesday, September 2, 2020
While discussions on a “Phase 4” economic relief bill continue this week, now is the time to weigh in with elected officials on crucial affordable housing priorities. NALHFA has been lobbying Congress over the past several weeks, and the grassroots campaign below will ensure you can weigh in with your elected officials directly.

Previously, the House of Representatives passed a relief bill that addressed several NALHFA-supported priorities, including the enactment of a permanent minimum 4 percent Low-Income Housing Tax Credit (Housing Credit) rate, lowering the “50 percent test” for bond-financing to 25 percent, and providing several basis boosts, among others.

As the Senate works on a bill this week, NALHFA is reemphasizing our industry letter detailing the crucial industry priorities needed from Congress.

 

To read the full communication from NALHFA, please click here.

 

 

 

 

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