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UPDATE: HR 4213 Gains 60 Votes Support BUT Does Not Include Housing ProvisionsSubmitted by Robert Dhondrup on 20 Jul 2010 - 12:12pm.
(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. Updated Information on the Community Reinvestment Act (CRA)Submitted by Robert Dhondrup on 15 Jul 2010 - 5:23pm.
Thank You Senator's Barbara Boxer and Dianne Feinstein!Submitted by Robert Dhondrup on 27 May 2010 - 1:10pm.![]() ![]() Thank You! US Senators Barbara Boxer and Dianne Feinstein for co-signing S. 3326 HUD Secretary Donovan Pledges to Keep the "Federal Government Back in the Business of Affordable Rental Housing"Submitted by Robert Dhondrup on 21 Apr 2010 - 3:41pm.
Senate Stalls On HR 4213Submitted by Robert Dhondrup on 8 Jul 2010 - 2:17pm.
(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. Capitol Watch: Prospects Dim for Action on Extender Bill Before Fourth of July RecessSubmitted by Robert Dhondrup on 1 Jul 2010 - 1:33pm.(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. 5/28 Update: National Housing Trust Fund Passes House Vote TodaySubmitted by Robert Dhondrup on 28 May 2010 - 1:41pm.(from the National Low Income Housing Coalition) Today, the U.S. House of Representatives passed a bill (H.R. 4213) that includes $1.065 billion for the National Housing Trust Fund. This was a hard fought victory that was only possible because you made sure that Members of the House knew how important the National Housing Trust Fund is to your communities. Thank you.
Here is the Ways and Means Committee summary of the National Housing Trust Fund provision: Green LA Coalition presents: Federal Stimulus: What it means for Los Angeles and the EnvironmentSubmitted by Blayne Sutton-Wills on 26 March 2009 - 1:52pm.3 Apr 2009 - 10:00am 3 Apr 2009 - 1:30pm The Green LA Coalition presents The Federal Stimulus - What it Means for Los Angeles and the Environment. Friday, April 3 10:00 am to 1:30 pm at Pacific Club, 523 West Sixth Street, Downtown LA. Overview of Housing Provisions in the American Recovery and Reinvestment Act of 2009Submitted by Robert Dhondrup on 5 March 2009 - 1:05pm.10 Mar 2009 - 11:00am 10 Mar 2009 - 6:00pm Overview of Housing Provisions in the American Recovery and Reinvestment Act of 2009 Tuesday, March 10, 2009 at 2:00 PM (Eastern) Federal Stimulus Funds Released: California Gets Substantial Housing FundingSubmitted by Robert Dhondrup on 2 Mar 2009 - 2:08pm.
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