Legislative & Policy
Current Legislative Issues
The proposed elimination of the tax exemption for private activity bonds (PABs) in the House tax reform bill, along with elimination of the Historic Tax Credit and the New Markets Tax Credit, will be devastating to the production and preservation of affordable housing (see CLPHA Report 11/13/17). Housing bonds are responsible for approximately half of Low Income Housing Tax Credit (housing credit...
ACTION ALERT: Urge Congress to Enact Legislation for a Housing Choice Voucher Mobility Demonstration
Recent measures were taken in the U.S. House of Representatives and U.S. Senate to create a Housing Choice Voucher Mobility Demonstration (HCV Mobility Demo) to encourage families receiving housing voucher assistance to move to lower-poverty areas and to expand access to opportunity areas.
CLPHA and other public and affordable housing stakeholders are resisting the President’s rescission package, introduced in the House of Representatives as HR 3, the “Spending Cuts to Expired and Unnecessary Programs Act.”
U.S. Senator Robert Menendez (D-NJ), Ranking Member of the Housing, Transportation and Community Development Subcommittee of the Senate Banking, Housing and Urban Affairs Committee, is leading an effort in the Senate to boost FY19 funding for public housing. His office has asked CLPHA for help in encouraging other Senators to sign onto the letter to the Appropriations Committee requesting full...
On January 17, the Senate Committee on Banking, Housing, and Urban Affairs once again met in Executive Session to vote on the nominations of Robert Hunter Kurtz to be HUD Assistant Secretary for Public and Indian Housing (PIH); and Brian Montgomery, to be HUD Assistant Secretary for Housing – Federal Housing Commissioner.
Current Policy/Regulatory Issues