Congress is NOW READY TO VOTE on legislation that would provide the National Housing Trust Fund (NHTF) $1 billion (of which at least $183 million would be brought to California), the "Extenders" LIHTC bill which contains the 9% tax credit exchange and the extension of the New Markets Tax Credit program, and extension of the Temporary Assistance for Needy Families (TANF) Emergency Contingency Fund (ECF) which is set to expire on September 30.
The American Jobs and Closing Tax Loopholes Act has been released as the House Amendment to the Senate Amendment to H.R. 4213. The original legislation, the Tax Extenders Act of 2009, passed the House of Representatives on December 9, 2009. The Senate passed a similar package, the American Workers, State and Business Relief Act, as an amendment to that bill on March 10, 2010. Baucus and Levin worked with House and Senate leadership and their colleagues to merge these two packages into the American Jobs and Closing Tax Loopholes Act which is now being released.
We need your REPRESENTATIVE to SUPPORT H.R. 4213 IMMEDIATELY
WHAT YOU NEED TO DO NOW
1. Call the housing staffer in your Members of Congress' offices TODAY. Congressional office phone numbers can be found by calling the U.S. Capitol Switchboard at 202-224-3121.
2. Urge them YES on H.R. 4213.
For additional information on HR 4213 and links to the Congressional Budget Office: http://thomas.loc.gov/cgi-bin/bdquery/z?d111:h.r.04213:
For a summary of HR 4213 by the National Low Income Housing Coalition: http://www.nlihc.org/doc/Summary-Extender-Bill.pdf