(Updated Information July 20, 2010) The Senate is now on the verge of passing H.R. 4213, which among its many provisions had once included $1B in funding for the National Housing Trust Fund (NHTF) and the extension of the 9 percent Low Income Housing Tax Credit (LIHTC) exchange program.

Both provisions are now NOT part of the final legislation being voted upon today in the Senate. According to our advocates in Washington DC, we are hoping to see the Senate reconsider adding these provisions within another bill next week.

(from A.C.T.I.O.N) The Senate failed in its efforts to advance H.R. 4213, which among its many provisions included the extension of the 9 percent Low Income Housing Tax Credit (LIHTC) exchange program, the GO Zone LIHTC placed in service deadline, the LIHTC exchange program to apply to disaster LIHTC, and the New Markets Tax Credit (NMTC) program and allowing the NMTC to be taken against alternative minimum tax.

(UPDATE) Senate leaders introduced another pared-down version of H.R. 4213, the American Jobs and Closing Tax Loopholes Act of 2010 (the extender bill), on Thursday, June 24. Funding for the National Housing Trust Fund and the several Low Income Housing Tax Credit provisions remained in the bill. Unfortunately, another cloture vote on June 24 failed 57-41, signaling that even the new version would not attract the 60 votes required to move the bill forward. Most likely the bill will not be taken up again until after the July 4 recess.

WE NEED YOUR HELP AS A SOUTHERN CALIFORNIA ORGANIZATION TO HELP US REACH THE GOAL OF SUPPORT IN ALL CONGRESSIONAL DISTRICTS

(from the National Low Income Housing Coalition) In the last two weeks, more than 1,350 organizations from every state, DC, and Puerto Rico have signed on to the letter urging Congress to support our communities by providing $1 billion for the National Housing Trust Fund.