Housing Advisory Group E-News Archives
HAG E-News
HAG Update 7.18.08
The housing stimulus bill (H.R. 3221) is back in the House, after passage in the Senate last Friday, July 11, by a vote of 63-5, of the third section of the three-part proposal.
-- July 18, 2008
Housing Bill Cloture Vote Passes 84 - 12
The Senate today voted to invoke cloture (end debate) on the third and final part of the Housing Foreclosure Act (H.R. 3221) by an 84 - 12 vote.
-- July 10, 2008
Senate resumes consideration of H.R. 3221
Returning from its July 4th recess, the Senate resumed consideration of H.R. 3221, the housing stimulus bill.
-- July 9, 2008
Update on H.R. 3221
Work continues on H.R. 3221, the American Housing and Economic Recovery Act of 2008, despite the July 4th Congressional recess.
-- July 1, 2008
Legislative Update
Earlier this week, there was optimism that the Senate could complete action on the housing legislation, H.R. 3221, before the July 4th recess.
-- June 30, 2008
Housing Stimulus Bill Update
There has been substantial activity in the past few days on the housing stimulus bill (H.R. 3221). The House and Senate have been negotiating a package that legislators hope will expedite passage.
-- June 19, 2008
HAG Annual Meeting Recap
We again had another informative and successful Housing Advisory Group (HAG) Affordable Housing Congressional Forum in Washington, DC, on June 12, 2008.
-- June 18, 2008
Update on Housing Modernization Efforts
We wanted to get our Housing Advisory Group members up to speed on the progress of the housing modernization efforts in the House and Senate.
-- May 29, 2008
Update on Housing Stimulus Bills
Yesterday, by a vote of 322-94, the House voted to adopt the package of housing tax incentives that includes the LIHTC housing modernization provisions.
-- May 09, 2008
Housing Legislation Update
The Housing Assistance Tax Act of 2008 (H.R. 5720), a quick summary of which we previously provided to you, and which was approved by the Ways and Means Committee on April 9, will be considered by the House this week, most likely today, May 7 or tomorrow, May 8.
-- May 7, 2008
Support Letter for S.2666
With the housing modernization legislation working its way to the House floor in the coming weeks, we must now focus our efforts on getting Senate support for S. 2666, the Affordable Housing Assistance Act of 2008.
-- April 23, 2008
Housing Assistance Tax Act of 2008
Earlier today, House Ways and Means Chairman Charlie Rangel released the Housing Assistance Tax Act of 2008. This is the much-anticipated housing modernization bill the industry has been working on with Chairman Rangel's staff since early last year.
-- April 8, 2008
The Foreclosure Prevention Act of 2008
The Senate has been debating the above-mentioned Foreclosure Prevention Act of 2008 this week and will continue to do so next week.
-- April 4, 2008
Affordable Housing Investment Act of 2008
Senator Maria Cantwell has introduced in the Senate S. 2666, the Affordable Housing Investment Act of 2008.
-- February 27, 2008
LIHTC Modernization Update
In the most recent HAG update we relayed the message we received from Ways and Means staff that as soon as economic stimulus was off their plate they would resume work on the housing modernization proposal.
-- February 15, 2008
Save the Date - Housing Advisory Group (HAG) Annual Meeting
The Housing Advisory Group (HAG) Annual Affordable Housing Congressional Forum will take place Thursday, June 12th in Washington, DC.
-- February 7, 2008
Stimulus Package Update
On Tuesday, January 29, 2008, the House passed, 385-35, a $146 billion Economic Stimulus Bill, providing for individual tax rebates, incentives for business investment, and an increase in conforming and FHA loan limits.
-- February 2, 2008
End of Year HAG Update
With the close of this Congressional Session, a $555 billion spending bill was sent to President Bush for signature on Wednesday, December 19, 2007, which President Bush is expected to sign.
-- December 23, 2007
Housing Modernization and Tax Update
There is a lot happening on the legislative front, so we wanted to get everyone up to date on the latest developments. The caveat is that as things happen, things are continuing to change quickly, so do not be surprised if we send another update out that is somewhat inconsistent with what we are passing on today.
-- December 7, 2007
Housing Modernization Bill Drafted in the Senate
As you are aware, the Housing Advisory Group, along with our colleagues in the affordable housing industry, have been working with our proponents in the House on legislation which would modernize the LIHTC and HUD housing production programs. This effort is ongoing and it is our hope to have the legislation introduced in the House either this year or early in 2008.
-- October 29, 2007
SEC Audit Issues Update
We recently informed you that the Housing Advisory Group, in conjunction with the National Association of Homebuilders and the Affordable Housing Tax Credit Coalition, sent a letter to House Financial Services Chairman Frank regarding our continued concern with SEC interpretation of audit issues affecting LIHTC public fund investments. In response to that correspondence to Chairman Frank, he has sent the attached letter …
-- September 19, 2007
Update: SEC Auditing Concerns & Affordable Housing Modernization
On Thursday, September 6, 2007, we hand-delivered to Chairman of the House Committee on Financial Services, Barney Frank, a letter from the Housing Advisory Group.
-- September 17, 2007
Recap: June 5, 2007 HAG Meeting
The 2007 annual Housing Advisory Group (HAG) meeting was a great success, thanks to the support of our membership, with over 75 attendees and a terrific group of speakers who represented and addressed a wide variety of perspectives on affordable housing issues.
-- June 5, 2007
House Hearing on LIHTC and HUD Programs
On May 24, 2007, the House Ways and Means Subcommittee on Select Revenue Measures held a hearing on tax incentives for affordable housing, specifically focusing on the low-income housing tax credit (LIHTC), the rehabilitation tax credit, and tax-exempt bond programs.
-- May 30, 2007
Senate passes the Preservation Approval Process Improvement Act of 2007
On Thursday evening, the Senate passed H.R. 1675, the Preservation Approval Process Improvement Act of 2007.
-- May 29, 2007
Washington, D.C. Meetings Recap
The following is an overview of meetings David Gasson, along with Jack Manning of Boston
Capital and our Housing Advisory Group Tax Counsel, concluded in Washington, DC on April
26th.
-- April 30, 2007
House Passes Katrina Housing Tax Relief Act of 2007
Extending housing tax breaks totaling $237 million for the Gulf Coast’s hurricane-affected
areas, the House yesterday passed H.R. 1562, the “Katrina Housing Tax Relief Act of 2007.”
-- March 28, 2007
House Ways & Means Committee Approved Katrina Housing Tax Relief Act of
2007
Under the leadership of Chairman Charles B. Rangel and Ranking Republican Jim McCrery, the House Ways and Means Committee approved H.R. 1562, the “Katrina Housing Tax Relief Act of 2007.
-- March 21, 2007
Go Zone Legislation Hearing
The House Ways and Means Subcommittee on Oversight held a hearing on March 13 to examine
whether the low -income housing tax credit provisions enacted in the Gulf Opportunity Zone Act are
furthering redevelopment of the areas affected by Hurricanes Katrina, Rita, and Wilma as intended.
-- March 14, 2007
Save The Date - Housing Advisory Group Annual Meeting
The Housing Advisory Group (HAG) Annual Affordable Housing Congressional Forum will take place
Tuesday, June 5th in Washington, DC.
-- February 20, 2007
Washington Update
The “First 100-Hour” legislation is running its course. On Wednesday, January 10, the House passed
its minimum wage bill, HR 2, 315-116.
-- February 5, 2007