Laws & Taxes

Laws & Taxes

Apartment Industry Applauds the Introduction of Middle-Income Housing Tax Credit Legislation

The National Multifamily Housing Council (NMHC) and National Apartment Association (NAA) issued the following statement in response to Senate Finance Committee Ranking Member Ron Wyden’s (D-OR) proposal to create a Middle-Income Housing Tax Credit (MIHTC)

NAHB Commends Sen. Wyden’s New Middle-Income Housing Tax Credit

The National Association of Home Builders (NAHB) today commended Sen. Ron Wyden (D-Ore.) for introducing the Middle-Income Housing Tax Credit Act of 2016. The legislation builds on the successful Low-Income Housing Tax Credit (LIHTC) by creating a new tax credit to spur the development of rental homes affordable to Americans with moderate incomes

NAHB Endorses Candidates for Congress

For the first time in its 74-year history, the National Association of Home Builders (NAHB) is officially endorsing candidates for the U.S. House and Senate in the upcoming Nov. 8 elections. “As housing goes, so goes the economy,” said NAHB Chairman Ed Brady, a home builder and developer from Bloomington, Ill. “This election could determine if the housing and economic recovery stays on track or veers off course. The incumbents and candidates from both political parties that NAHB will be endorsing have all exhibited a commitment to advance policies that will promote homeownership and rental housing opportunities for all Americans.”

NFIB and PLF sue OSHA for foisting union activists on businesses

The Occupational Safety and Health Administration (OSHA) is illegally foisting union activists onto non-unionized businesses, through an unlawful rule allowing agents from organized labor to participate, as of right, in OSHA health and safety inspections.

Consumer Groups Urge the Department of Energy to Strengthen Protections for Homeowners in Best...

The National Consumer Law Center, on behalf of its low-income clients, and 15 consumer advocacy organizations submitted comments urging the U.S. Department of Energy (DOE) to strengthen consumer protections in the Department's draft Best Practices for Residential PACE Financing Programs. Municipalities use Property Assessed Clean Energy (PACE) loans to help homeowners finance energy efficiency and renewable energy improvements to their homes.

President Signs Housing Assistance Reform Bill Into Law

On July 29, President Obama signed into law H.R. 3700, the Housing Opportunity Through Modernization Act (HOTMA), which will streamline and reform several federal housing assistance programs. NCSHA and a broad coalition of housing stakeholders have strongly advocated for this bipartisan legislation over the past year.
607 East Creek

Why I live in Fredericksburg, Texas…

I grew up in Southern California and thought I would never move, great weather, lots to do, and had friends and family there. But after retiring in 1994, we decided that the cost of living after retirement in California was going to limit our lifestyle and mobility. So, with that, we moved to Colorado Springs, which was nice enough, but those “mild” winters quickly turned into black ice and snow piled up to the eaves of the house.

Mayor Bowser Signs Renewable Portfolio Standard Bill into Law

DC Mayor Muriel E. Bowser hosted a press conference with Courtney Snowden, Deputy Mayor for Greater Economic Opportunity (DMGEO); Tommy Wells, Director of the Department of Energy and Environment (DOEE); GRID Alternatives; and participants in DOEE’s Green Zone Environmental Program (GZEP), where she signed the Renewable Portfolio Standard Expansion Act of 2016. This legislation, introduced by Councilmember Cheh and unanimously passed by Council, will solidify the District’s position as a national leader in the push to decarbonize our economies, increase access to clean energy for DC residents, and create a long-term pipeline for green jobs and business creation.

NAA/NMHC Applaud Members of Congress for Swift Passage of Vital Federal Housing Reforms

Statement from the National Multifamily Housing Council (NMHC) and National Apartment Association (NAA) released in response to the passage of “The Housing Opportunity Through Modernization Act” in Congress

ABA Resolution Could Reduce Safety, Increase Costs, Add Undue Burden to Tax Payers

The National Institute of Building Sciences issued an open letter today to delegates attending the upcoming American Bar Association (ABA) Annual Meeting in August informing of the potential long-term impacts should they vote to support a proposed resolution. The resolution—which advocates that copyrighted codes and standards incorporated by reference in legislation and regulation be made available for free—would alter the way codes and standards are developed in the United States

Hearing Reveals Administration’s Apparent Double-Standard for Federally Subsidized Renewable Energy Projects On Federal Lands

The Subcommittee on Oversight and Investigations held a hearing on the status of Ivanpah and other federal loan-guaranteed solar energy projects on Bureau of Land Management (BLM) lands.

Lincoln Institute Releases New Analysis of Property Taxes in 50 States

The Lincoln Institute of Land Policy has released the latest edition of its annual report on property tax rates in all 50 U.S. states, with a new analysis of how communities raise revenue to pay for basic public services.

Fine Balance Needed between Property Rights, Regulation of Short-term Rentals

Mobile and online technology and evolving consumer tastes are changing the dynamics of renting property, and the debate on whether the regulatory response from state and local governments clashes with individual property rights will likely continue, according to speakers at a panel discussion on the current issues surrounding short-term rentals at the 2016 REALTORS® Legislative Meetings & Trade Expo.

House Takes Legal Action Against Executive Overreach

The House of Representatives has filed an amicus brief to the U.S. Supreme Court in United States v. Texas opposing the Obama administration's executive overreach. The brief, authorized by a vote of the full House, sets forth why only Congress—not the executive branch—is empowered to write the nation’s immigration laws.

The Property Tax as “A Good Tax”

The property tax, a mainstay of local government, is the subject of continual controversy, with numerous ballot measure to place caps on it, or even in some cases proposals to eliminate it completely. But in fact it is a fair, democratic, stable and efficient source local revenue, attorney and property tax expert Joan Youngman argues in “A Good Tax: Legal and Policy Issues for the Property Tax in the United States,” published this month by the Lincoln Institute of Land Policy.

IRS and MBA “Tax Design Challenge” Begins Soon

Public Invited to Imagine the Taxpayer Experience of the Future. The Internal Revenue Service today announced the upcoming start of its first Tax Design Challenge crowdsourcing competition to encourage innovative ideas for the taxpayer experience of the future.

Real Estate Tax Credits and Deductions You Don’t Want to Miss

In real estate, there are a lot of expenses associated with buying and selling homes – especially if you’re an agent. Luckily, there are a number of tax write-offs that can be used to offset the cost. You just have to know what deductions and credits real estate agents can claim and how to claim them.

Senator Cantwell, ACTION Campaign Call for Fifty Percent Increase in Housing Credit Authority

Senator Maria Cantwell (D-WA) announced in Seattle this afternoon her intention to introduce legislation to expand Low Income Housing Tax Credit authority by 50 percent and to make other changes to strengthen the program. At the same time, the ACTION Campaign, a group of about 1,300 affordable housing stakeholders that NCSHA and Enterprise Community Partners co-chair, transmitted to every member of Congress a national sign-on letter, endorsed by more than 1,300 organizations representing all 50 states, ca6lling on Congress to increase the Housing Credit cap by at least 50 percent. Cantwell also referenced this letter in her remarks

Whitehouse Applauds House Passage of his Bill to Protect Servicemembers from Foreclosure

Senator Sheldon Whitehouse applauded the House’s passage today of the Foreclosure Relief and Extension for Servicemembers Act, which extends key foreclosure protection to those who serve. Whitehouse authored the legislation, which was unanimously approved by the Senate in December. The bill now awaits the President’s signature to become law.

Architects Take Leading Position In New Tax Reform Coalition

The American Institute of Architects (AIA) today announced that it has signed on as charter members of “Parity for Main Street Employers” (PMSE), a coalition pushing for comprehensive tax reform that treats small business fairly

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Affordable Housing Comes to U Street with the Funding of Portner...

On July 7th, the District of Columbia Housing Finance Agency (DCHFA) closed on the financing of an affordable housing development in one the District’s most sought after neighborhoods, the U Street Corridor. The Agency issued $27 million in short term DCHFA tax exempt bonds providing a portion of the funding for the acquisition of Portner Place and construction of Portner Flats (1440-1450 V Street, NW) located in Ward 1, one block west of The Frank D. Reeves Municipal Center at 14th and U Streets, NW

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SUSAN STURMAN JENNINGS, ESQ., NAMED 2016 TOP COUNSEL, ATTORNEY OF THE...

Conifer Realty, LLC is proud to announce that Susan Sturman Jennings, Esq., has been named one of 2016’s Top Counsel from The Daily Record. The Daily Record’s Attorneys of the Year Awards honors outstanding attorneys through the Leaders in Law and Top Counsel. The Top Counsel Award honors in-house or general counsel who have shown tremendous dedication to the legal profession and selfless, tireless commitment to the community.