Home Laws & Taxes
The National Low Income Housing Coalition (NLIHC) welcomes an elevated discussion and proposed solutions to the country's affordable housing crisis. Together with our members, partners and allies across the country, we work towards ensuring the lowest income families have decent, safe and affordable homes. While we are pleased to have Senator Ron Wyden (D-OR) prioritizing solutions to the affordable housing crisis, his proposed Middle Income Housing Tax Credit (MIHTC) program would be a misguided and wasteful use of federal resources
On Thursday September 22, 2016 the National Law Center on Homelessness & Poverty ("the Law Center") will be honoring Washington Wizard John Wall, U.S. Senator Susan M. Collins, Dechert LLP and Angela Spencer, at the 18th annual McKinney-Vento Awards Ceremony in Washington D.C. The Law Center will also celebrate 27 years of high impact work to protect the rights of individuals experiencing homelessness and to end homelessness in America. Dana Jacobson, an award winning TV sports personality and correspondent and anchor for CBS News and CBS Sports, will emcee. Ted Leonsis and Congresswoman Gwen Moore will join us as awards presenters.
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)
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
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.”
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.
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.
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.
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.
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.
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
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.
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.
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.
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, 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.
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.
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 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
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.
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
The federal Judiciary is actively trimming costs for courthouses and office space, and is working to ensure that recently appropriated funds for eight courthouse construction projects will be spent efficiently, a House subcommittee was told by the head of the Judiciary’s Space and Facilities Committee.
The U.S. Supreme Court today denied the request of the American Farm Bureau Federation and its allies to take up their case challenging the legality of the Chesapeake Bay clean-up plan known as the Chesapeake Clean Water Blueprint. That decision means that the ruling of the Third Circuit Court of Appeals will stand. That unanimous ruling found that EPA did not exceed its authority and that the efforts to restore local rivers, streams, and the Chesapeake Bay are entirely legal.
NREL analysis finds tax credit extensions can impact renewable energy deployment and electric sector...
The Energy Department's National Renewable Energy Laboratory (NREL) today released new analysis exploring the potential impact of recently extended federal tax credits on the deployment of renewable generation technologies and related U.S. electric sector carbon dioxide (CO2) emissions.
The Portland Cement Association (PCA) has long supported a nationwide plan to reconstruct our nation’s crumbling roads and bridges, which are critical to the nation's economy and security. The Association strongly believes that to achieve a sound investment of taxpayer dollars, legislation authorizing infrastructure construction and reconstruction using durable and resilient materials should be passed.
A significant piece of tax legislation is now on its way to the President’s desk, and the bill includes the extension of a number of expired tax provisions important to supporting homeowners and real estate investment.
Congress delivered an early gift of energy efficiency tax incentives to help American consumers and businesses invest in products and technologies that will return energy and dollar savings. The omnibus appropriations and tax extenders bill approved by Congress reinstates and extends until 2016 a tax incentive of up to $500 for families that purchase qualifying energy efficiency products; provides home builders and/or manufacturers up to $2,000 for building energy efficient homes
Thomas J. Bisacquino, President and CEO of NAIOP, the Commercial Real Estate Development Association, issued the following statement on the House of Representative’s passage of Protecting Americans from Tax Hikes (PATH) Act of 2015
Tom Woods, chairman of the National Association of Home Builders (NAHB) and a home builder from Blue Springs, Mo., issued the following statement on the ruling by the Government Accountability Office that found the Obama administration broke the law when it used social media to urge the general public to support the Environmental Protection Agency’s final rule defining “waters of the United States.”