Housing Advisory Group
First organized by Herb Collins in 1995, the Housing Advisory Group (HAG) is a very select group of housing interests dedicated to protecting and improving affordable housing programs. Herb, one of the key architects and forefathers of the Low Income Housing Tax Credit (LIHTC), worked with President Reagan, Senate Finance Chairman Senator Bob Packwood and others to create the LIHTC program in 1986 in the midst of massive real estate tax reform.
The HAG was established during the 1995-96 budget negotiations which threatened the survival of the LIHTC. Through its efforts, the HAG created a strong foundation of support for the continued permanence of the credit program, and the eventual increase in the credit cap from $1.25 to $1.75 at the end of the legislative session in 2000. For the past 11 years, the HAG has worked in a non-partisan fashion to educate the White House and members of Congress on the benefits of the LIHTC. The HAG is unique because of its direct relationships and credibility with members of Congress and their staffs.
With pending issues like tax reform, including the recent release of the preliminary recommendations of the President’s Tax Reform Panel and the likely return of the proposal to eliminate the double taxation of corporate dividends, the HAG will once again play a pivotal role as one of the most mobile affordable housing advocacy groups in the nation. The HAG will also focus its efforts on updating and improving the LIHTC program, including reforms on insurance costs, utility allowance and rent formulas, and increasing the amount of equity in developments.
Membership entails an annual commitment of $5,000 in two installments. Please click the link below for additional information on the HAG as well as an application.
Read the latest Housing Advisory Group e-news updates
Download the registration form for the June 12th Housing Advisory Group Meeting
For more information, please contact:
David Gasson, Executive Director
(617) 624-8896
Allison E. Marino, Communications Associate
(617) 624-8678