Wednesday, June 3, 2026
RealEstateRama   -   Real Estate   -   Government   -   Nonprofit   -   Web

All USA


Realtor® Nationwide Open House Weekend Provides Opportunities for Buyers and Sellers

WASHINGTON, D.C. - April 25, 2012 - (RealEstateRama) -- Potential home buyers rely on open houses to help them find the home of their dreams. This weekend buyers can have a greater chance of doing just that during Realtor® Nationwide Open House Weekend, which is organized by state and local Realtor® associations across the country. This Saturday and Sunday, April 28-29, Realtors® from coast to coast will host thousands of open houses while engaging consumers on the benefits of homeownership and bringing buyers and sellers together.

H&R Block Subsidiary Agrees to Pay $28.2 Million to Settle SEC Charges Related to...

Washington, D.C. - April 25, 2012 - (RealEstateRama) -- The Securities and Exchange Commission today charged H&R Block subsidiary Option One Mortgage Corporation with misleading investors in several offerings of subprime residential mortgage-backed securities (RMBS) by failing to disclose that its financial condition was significantly deteriorating.

Architects Oppose Senate Proposal to Hike Taxes on Small Businesses

Washington, D.C. - April 25, 2012 - (RealEstateRama) -- The American Institute of Architects (AIA) today announced its opposition to a Senate proposal to hike taxes on small businesses who file as so-called Subchapter S Corporations, many of whom are architects.

For Rent Media Solutions Exemplifies Strong Web Presence in 2012

NORFOLK, VA - April 25, 2012 - (RealEstateRama) -- For Rent Media Solutions™ (FRMS),a leading resource for searching apartments nationwide and a division of Dominion Enterprises, continues its stronghold in the multifamily industry as comScore reports continue to position FRMS as the leading internet listing service website for total year-to-year growth in unique website visitors for 2012 thus far and second overall in monthly unique website visitors for February and March.

Latest California Home Sales Numbers from San Diego-Based DataQuick

La Jolla, CA - April 25, 2012 - (RealEstateRama) -- The number of California homes entering the formal foreclosure process during the first quarter declined to its lowest level in almost five years, the result of a more stable economy and housing market, as well as policies that increasingly favor short sales, a real estate information service reported.

32BJ SEIU RECOMMENDS AVALONBAY SHAREHOLDERS VOTE DOWN QUESTIONABLE EXECUTIVE COMPENSATION PLAN

New York, NY - April 25, 2012 - (RealEstateRama) -- Shareholders of AvalonBay Communities Inc. (NYSE: AVB) were urged today to vote against the REIT’s questionable executive compensation plan in an open letter sent to investors by 32BJ SEIU, one of the largest property sector unions in the country. In the dispatch sent to shareholders representing nearly 80% of the company, the union criticizes the current executive pay plan for providing an incentive to hire unscrupulous contractors, overlook federal health and safety requirements, and evade industry standards in the operation of AvalonBay buildings.

GoFightForeclosure.com Says Powerful QWR Secrets Return Best Miami Florida Short Sale Approval

Miami, Florida USA - April 25, 2012 - (RealEstateRama) -- QWR.GoFightForeclosure.com today announced a powerful QWR (qualified written request) is the best foreclosure defense for favorable short sale approvals on properties located in Miami, Florida. Citing, QWR Attack! system is being used to help homeowners in Miami Florida overwhelmed with foreclosure notices and short sales presents a way out with also possible money in their pockets.

Remarks by David H. Stevens, President and CEO, MBA During MBA’s 2012 National Technology...

Phoenix, AZ - April 25, 2012 - (RealEstateRama) -- "Good morning and welcome to the Mortgage Bankers Association's National Technology and Fraud conferences.

Mortgage Applications Decrease Despite Survey Low Rates in Latest MBA Weekly Survey

WASHINGTON, D.C. - April 25, 2012 - (RealEstateRama) -- Mortgage applications decreased 3.8 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending April 20, 2012.

RE/MAX Hot Air Balloon to Visit Circle Center Grade School in Yorkville on May...

CHICAGO, IL - April 24, 2012 - (RealEstateRama) -- The RE/MAX Hot Air Balloon will visit Circle Center Grade School, 901 Mill St., Yorkville, Ill., on May 4 when the balloon crew will present an interactive educational program developed and sponsored by the RE/MAX Northern Illinois real estate network.

Half of US Homeowners Can’t Move

Destin, FL - April 24, 2012 - (RealEstateRama) -- More than half of all homeowners with a mortgage are unable to move or make a change in their housing situation as a direct result of being underwater on a mortgage, according to a new Housing Predictor survey.

Quinn Administration Partners with National Event to Help Chicago-area Homeowners

ROSEMONT - April 24, 2012 - (RealEstateRama) -- To further Governor Pat Quinn’s commitment to protect Illinois families and communities from foreclosure, the Illinois Housing Development Authority (IHDA) today helped kick off the free Help for Homeow...

Attorney General Koster reaches $76,000 settlement with Utah-based home alarm company

Jefferson City, MO - April 24, 2012 - (RealEstateRama) -- Attorney General Chris Koster announced today he has reached a $76,000 settlement with Pinnacle Security, LLC, a home alarm system company based in Utah.

MRG Document Technologies Teams with Xerox Mortgage Services to Promote Collaboration and Education through...

DALLAS, TX - April 24, 2012 - (RealEstateRama) -- MRG Document Technologies (MRG), a leading provider of mortgage document preparation software and compliance technology, and Georgia-based Xerox Mortgage Services are combining their experience and expertise for an educational webinar that will provide lenders valuable insight into the ever changing regulatory challenges facing the market, and innovative approaches to overcoming them.

David Nadler brings ease and simplicity to online real estate search for Chicago, Illinois...

EUGENE, OR - April 24, 2012 - (RealEstateRama) -- Potential buyers in Chicago, Illinois now have a great resource for finding homes online: David Nadler of City Ranch Real Estate Services, LLC and IDX, Inc. The newly IDX enabled website features thous...

March Home Sales Decline From Upwardly Revised Earlier Pace

WASHINGTON, D.C. - April 24, 2012 - (RealEstateRama) -- Sales of newly built, single-family homes declined 7.1 percent to a seasonally adjusted annual rate of 328,000 units in March from an upwardly revised, robust pace of 353,000 units in February, according to newly released figures from HUD and the U.S. Commerce Department.

IDX Acquires RealLead, a Real-Time Lead Capture Solution For Realtors

EUGENE, OR - April 24, 2012 - (RealEstateRama) -- IDX, Inc. a nationally known leading provider of real estate search applications, today announced it has acquired RealLead, LLC, a real estate lead generation technology company that matches buyers an...

MBA Honors 2012 Mortgage Banking Tech All-Stars

Phoenix, AZ - April 24, 2012 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today awarded eleven industry innovators with the Mortgage Banking Tech All-Stars award at the Association's 2012 National Technology in Mortgage Banking Conference & Expo held in Phoenix, AZ. This is the 10th anniversary of Mortgage Banking's technology awards celebrating individuals who have made outstanding contributions to the field of mortgage technology.

Redfin Launches Direct Service in Austin, Texas

AUSTIN, TX - April 24, 2012 - (RealEstateRama) -- Redfin, the technology-powered real estate broker, today launched its direct service for Austin home-buyers and sellers, delivered by its own Austin-based agents. When Redfin first introduced its websit...

Architects Support Students’ Call for Pro Bono Work in Exchange for Loan Relief

Washington, D.C. - April 24, 2012 - (RealEstateRama) -- The American Institute of Architects (AIA) and the American Institute of Architecture Students (AIAS) today called for Congress to pass legislation that includes architecture school graduates in the same programs that offer other graduates loan debt assistance if they donate their services to their communities and elsewhere.

U.S. National


Carey, Panetta Introduce the Affordable Housing Credit Carryback Act

National
Last week, U.S. Reps. Mike Carey (R-OH-15) and Jimmy Panetta (D-CA-19) introduced H.R. 9012, the Affordable Housing Credit Carryback Act to strengthen the Low-Income Housing Tax Credit (LIHTC). This legislation will change the LIHTC carryback period from one year to five years, which will increase the uptake of these important credits and spur more investment in affordable housing production.
ALTA

ALTA, New England Land Title Association and AARP Applaud Massachusetts Attorney General Andrea Joy...

National
The American Land Title Association (ALTA), the New England Land Title Association (NELTA) and AARP today commended
VA

VA issues RFP to build housing for 220 Veterans at West L.A. campus

National
The Department of Veterans Affairs on May 21 issued a request for proposals to build approximately 220 temporary units to house Veterans at the West Los Angeles VA Medical Center north
Congresswoman Norma J. Torres

Congresswoman Torres Warns FY27 Transportation and Housing Funding Bill Falls Short for Inland Empire’s...

National
This week, Congresswoman Norma Torres criticized proposed Republican cuts in the Fiscal Year 2027 Transportation, Housing
EIA

EIA updates forecast amid continued Mideast disruption; will publish new energy security datasets

National
The U.S. Energy Information Administration published its May Short-Term Energy Outlook, reflecting a continued disruption to
HUD - U.S. Department of Housing and Urban Development

HUD Overhauls Federal Homelessness Assistance

National
The Department of Housing and Urban Development (HUD) announced a new Notice of Funding Opportunity (NOFO) for $4.04 billion to better serve America’s vulnerable populations through
Habitat

Habitat for Humanity International and UN-Habitat strengthen collaboration to advance inclusive housing solutions worldwide

National
Habitat for Humanity International and the United Nations Human Settlements Programme (UN-Habitat) today signed a Letter of
Congresswoman Eleanor Holmes Norton

Norton Secures Victories for D.C. In Surface Transportation Bill, Defeats Perry Amendment to Eliminate...

National
After the House Transportation & Infrastructure Committee (T&I) marked up and passed the surface transportation reauthorization bill, Congresswoman Eleanor Holmes Norton (D-DC) said she was
NAR

Second Century Ventures Announces 6 Technology Companies for 2026 REACH Scale-Up Program

National
Second Century Ventures, the strategic investment arm of the National Association of REALTORS® and the most active global
Congresswoman Rosa DeLauro

DeLauro Votes to Pass 21st Century ROAD to Housing Act

National
U.S. Representative Rosa DeLauro (CT-03) voted to pass the 21st Century ROAD to Housing Act, a bipartisan package of bills to build more affordable housing nationwide. The bill passed the

Nearly 30 New York Credit Unions Urge Albany to Pass the Stop Taking Our...

National
On Wednesday, 29 credit unions from across New York State delivered a letter to Governor Kathy Hochul, Senate Majority Leader Andrea Stewart-Cousins, Assembly Speaker Carl Heastie, State Senate Judiciary Committee Chair Luis R. Sepúlveda and State Assembly Banks Chair Clyde Vanel, urging lawmakers to crack down on predatory payday loan apps by passing the Stop Taking Our Pay Act (STOP) Act (S8939–Brouk, Rochester/A9644–Raga, Queens).
MBA

Mortgage Application Payments Increased in April

National
Homebuyer affordability declined in April, with the national median payment applied for by purchase applicants increasing to $2,152 from $2,131 in March. This is according to the Mortgage
Congresswoman Linda Sánchez

Bipartisan bill would tackle rental housing shortage, lower costs for families

National
Ways and Means Committee members Linda T. Sánchez (D-Calif.), Claudia Tenney (R-N.Y.), Jimmy Panetta (D-Calif.) and Darin LaHood (R-Ill.) today introduced the Rental Housing Investment

House Passes Transformational Housing Affordability Legislation to Help Restore American Dream for Working Families

National
Speaker Johnson released the following statement after an overwhelming bipartisan majority in the House voted to pass H. Res. 1299, an amended version of the Senate-passed 21st Century ROAD to Housing Act.
FEMA

FEMA Approves More Than $28 Million in Funding to Help Communities Recover from Recent...

National
FEMA announced the approval of more than $28 million in post-disaster funding for Public Assistance and Hazard Mitigation Grant

Housing Bill PASSED

National
In many Iowa communities, the biggest barrier to growth isn’t a lack of jobs or schools — it’s housing. Too often, the beautiful Victorian on Main Street that should welcome a new family is sitting empty and deteriorating because federal programs designed to help restore and finance rural housing are outdated and buried in red tape.
FHFA

U.S. House Prices Rise 1.7 Percent Year over Year; Up 0.5 percent Quarter over...

National
U.S. house prices rose 1.7 percent between the first quarter of 2025 and the first quarter of 2026, according to the U.S. Federal Housing (FHFA) House Price Index (FHFA HPI®). House prices for
NAHB

NAHB Publication Offers Remodelers Sneak Peek into Industry Financials

National
BuilderBooks, the publishing arm of the National Association of Home Builders (NAHB) released a new edition of its Remodelers’ Cost of Doing Business Study, 2026 Edition, a national study of

Warner, Kaine Announce More Than $5 Million in Federal Funding to Modernize 4 Virginia...

National
U.S. Sens. Mark R. Warner and Tim Kaine (both D-VA) announced $5,693,508 in federal grant funding for infrastructure upgrades to four Virginia airports. This funding is awarded through the Federal Aviation Administration’s (FAA) Airport Infrastructure Grant (AIG) program for FY26, which is made possible by the Bipartisan Infrastructure Law that the senators helped negotiate and pass.
ULI

Urban Land Institute Panel Recommends Future Vision for Denver Pavilions and Adjacent Surface Parking...

National
Experts from the Urban Land Institute (ULI), in partnership with ULI Colorado, presented initial recommendations today on the

U.S. States


FEMA

President Donald J. Trump Approves Emergency Disaster Declaration for Texas

Texas
FEMA announced federal disaster assistance has been made available to the state of Texas to supplement state and local recovery efforts in the areas affected by Hurricane Hanna from July 25, 2020, and continuing
FEMA

FEMA Fire Management Assistance Granted for the Numbers Fire

California
The Federal Emergency Management Agency (FEMA) has authorized the use of federal funds to assist the State of Nevada in combating the Numbers Fire burning in Douglas County.
Start An LLC In Texas

How Much Does It Cost To Start An LLC In Texas?

National
In the process of setting up your Texas LLC, you'll be faced with quite a few expenses. Some of these are required by legislation, and others are just recommended. We'll cover the costs of setting up an LLC in Texas and also provide you with the informatio
Registered Agent In Texas

5 Benefits Of Using A Registered Agent In Texas

Texas
The services of a registration agent began as part of due process in the US Constitution. A lawsuit includes the legal right to be notified of claims or other legal matters. Here are some brief things that will help explain what a Registered Agent Service In Texas 

Avoid TV Tip-Over Incidents During Super Bowl LIV with Safety Tips

New York
The New York State Division of Consumer Protection (DCP) is alerting consumers about the dangers of television (TV) tip-over hazards. Millions of New Yorkers will watch the Super Bowl this Sunday either on TVs at home or at parties with friends. DCP is taking this TV-focused occasion to remind consumers of critical TV safety tips.
Starbucks_Fresno

Brand-New Single-Tenant Starbucks Drive-Thru Trades in Fresno, Calif. for $1,345 PSF

California
Hanley Investment Group Real Estate Advisors, a nationally recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm has completed the sale of a brand-new, single-tenant Starbucks
FEMA

Rosenberg family home for the holidays – and prepared for future hurricanes

Texas
A Houston-area mom is sharing her Hurricane Harvey recovery story this holiday season, along with the importance of always being prepared for flood events.

5 Cities in Florida: Which One Makes for the Best Real Estate Investment Opportunity...

Florida
Fast-growing Florida has been a favorite of real estate investors for many years. With so much interest having been focused on the state, though, investors need to take care to seek the best available opportunities.

WALTER J. MAHONEY STATE OFFICE BUILDING TO BE SOLD

New York
Office of General Services Commissioner RoAnn Destito today announced that the Senator Walter J. Mahoney State Office Building located at 65 Court Street in Buffalo will be sold at auction in 2020. A work group formed earlier this year made up of City, County, and State officials working with professional real estate consultants CBRE, determined that in the current competitive and robust Buffalo real estate market
SCR

Charleston South Carolina expected to outpace national real estate market averages through 2025

National
The National Association of Realtors® (NAR) recently identified 10 markets expected to outperform over the next three to five years. In alphabetical order, the markets are
Peter Evering

WHAT IS THE EVICTION PROCESS IN CALIFORNIA?

California
Eviction is a dirty word for both tenants and the landlords that believe the time has come to remove one or more parties from an apartment. The process anywhere can lead to a strained relationship at best and a bitter acrimonious fight that ends up in the judicial system.
FEMA

FEMA Offers Free Rebuilding Tips at Local Home Improvement Stores

Texas
Disaster survivors affected by the severe storms and floods from Tropical Storm Imelda, can visit local home improvement stores in Katy, Houston and Spring from Monday, Dec. 9, to Saturday
ABC National

Florida Tops ABC’s Annual Merit Shop Scorecard State Ranking for Second Year in a...

Florida
Associated Builders and Contractors released its 2019 Merit Shop Scorecard today, an annual ranking based on state policies and programs that encourage workforce development, career and technical education
Top 4 Places to Buy a Second Home

Top 4 Places to Buy a Second Home in the US

National
There are about 7.4 million homes owned as a second home in the United States. For many people, their second home is a vacation home. This gives them a chance to get away and break routine while also having all of the comforts of being in their own home.
Carol Corden cuts the ribbon

Ribbon Cutting Celebrating New Affordable Apartments in the Bronx for Low-Income Families and Domestic...

New York
New Destiny was joined by supporters and colleagues to celebrate the opening of its newly constructed service-enriched affordable housing project - The Jennings - located in the Crotona Park East
HUD - U.S. Department of Housing and Urban Development

HUD AWARDS $1.5 MILLION TO PUBLIC HOUSING AUTHORITIES TO ASSIST YOUNG PEOPLE AGING OUT...

National
U.S. Housing and Urban Development (HUD) Secretary Ben Carson today awarded $1.5 million to nearly a dozen housing authorities to assist young people aging out

BLM NAMES VETERAN LAND MANAGER TO LEAD CALIFORNIA STATE OFFICE

California
The Bureau of Land Management today announced that Karen Mouritsen has been named the new California State Director—a key leadership position based in Sacramento. As State Director, Mouritsen will direct a team that manages lands encompassing 15% of the Golden State’s total land mass
USDOJ

California Real Estate Developer Convicted of Making Conduit Contributions in Two U.S. Congressional Campaigns

California
Today, a federal jury found an Oakland-area real estate developer guilty for funneling tens of thousands of dollars through straw donors into two consecutive congressional campaigns

NYS OASAS ANNOUNCES OPENING OF NEW RECOVERY CENTER IN NEW YORK CITY

New York
The New York State Office of Alcoholism and Substance Abuse Services (OASAS) today announced the opening of the new JLC Recovery and Wellness Center in New York City. JLC is operated by Exponents Inc. and provides free help and support services for people affected by addiction and for their families.

Robust U.S economy not a boost for black homeownership

National
In spite of a robust U.S. economy, a strong employment rate, and steadily increasing 401(k) plan earnings, Black homeownership rates continue to drop. Drawing from the 2019 release of the National Association of Real Estate Brokers

Popular


AGC

SIXTY PERCENT OF FIRMS WORKING ON HIGHWAY UPGRADES EXPERIENCED CARS CRASHING INTO THEIR WORK...

National
Annual Survey by HCSS and Associated General Contractors of America Finds Drivers and Passengers are at Greater Risk of Injury and Death in Work Zone Crashes As Officials Urge Drivers
NAHB

New Home Sales Decline in May

National
Sales of newly built, single-family homes fell 7.8 percent to a seasonally adjusted annual rate of 626,000 units in May, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.
DOI

$17+ Million in Grants Will Help States, Local Communities Keep Waters Clean, Economies Thriving

National
Water-loving outdoor recreationists and local communities in 27 states will have additional resources to help boaters keep America’s waters clean, thanks to more than $17 million in Clean Vessel Act program grants from the U.S. Fish and Wildlife Service.
FEMA

Port Aransas ready for return of summer tourism

Texas
Texas SandFest drew a record 35,000 people April 26-28, encouraging business owners that Port Aransas is on its way to recovery. With nearly all the city’s retailers and restaurants re-opened, residents are beginning to feel like things are getting back to normal.
OJO Labs - Eight Major Awards

OJO Labs: Five Months, Eight Major Awards

National
OJO Labs, a leading-edge technology company on a mission to empower consumer decision-making through its conversational AI assistant, OJO, won the highly coveted 2019 A-List Award among mid-sized companies from the Austin Chamber of Commerce in partnership with SXSW
Property on Airbnb

Should I Rent Out my Property on Airbnb?

National
Listing property on Airbnb has become a popular way to make extra money, meet new people, and provide some freedom, but there are a few key things to think about when you are considering listing your property. It is key to know what you’re getting yourself into.
Rockefeller Foundation

The Rockefeller Foundation Launches $5.5 Million Opportunity Zone Community Capacity Building Initiative for Select...

National
The Rockefeller Foundation today announced an initiative to help U.S. cities attract responsible private investment in economically-distressed communities through Opportunity Zones created in the 2017 Tax Cuts and Jobs Act. This effort will help ensure new investment delivers sustainable benefits for more than 30 million low-income Americans living in Opportunity Zones
PaulineWeaver

Eden Housing and City of Fremont Celebrate Grand Opening of KTGY-Designed Affordable Senior Housing...

National
Pauline Weaver Senior Apartments is located in the Warms Springs area of Alameda County and features 90 apartment homes for very low and extremely low-income seniors, near I-880 freeway, BART, shopping, services and other amenities.
VA

VA’s Home Loan Guaranty program notifies Veterans of potential loan fee waivers

National
The U.S. Department of Veterans Affairs (VA) announced May 13 that Veterans who qualify for a VA Home Loan funding fee waiver are now being notified in their home loan eligibility certificate and disability compensation award letter.
Merri Jo Cowen - headshot

A Stellar Idea: My Florida Regional MLS Reimagines the Multiple Listing Service

The nation's third-largest Multiple Listing Service, My Florida Regional MLS, will become Stellar MLS on June 4, 2019, in a move that totally reimagines the MLS. Currently serving 58,000 customers
HUD - U.S. Department of Housing and Urban Development

NATIONAL ASSOCIATION OF HOME BUILDERS TO CO-HOST HUD INNOVATIVE HOUSING SHOWCASE

National
U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson today announced the National Association of Home Builders (NAHB) will co-host the Department's inaugural "Innovative Housing Showcase." The Innovative Housing Showcase will be held on the National Mall June 1-5, 2019

Department of the Interior: Yakima Water Plan Is a “Model” and “Holistic”

Yesterday, U.S. Senator Maria Cantwell (D-Wash.), ranking member of the Senate Energy and Natural Resources Committee, asked the Department of the Interior about its commitment to the Yakima River Basin during a hearing on the president’s FY 2017 budget request. Deputy Secretary of the Interior Michael Connor agreed with Sen. Cantwell that the Yakima River Basin plan “is a model for the rest of the nation in water management.”

Energy Costs to Cook Thanksgiving Meal Up to 25% Lower in 2015

“Consumers Energy is thankful to be a part of holiday celebrations across the state as warm Thanksgiving memories are being made, and we are committed to providing many more generations of Michigan families with reliable, affordable energy in all seasons,” said Garrick Rochow, Consumers Energy’s vice president and chief customer officer

Agencies Issue Final Rule to Exempt Subset of Higher-Priced Mortgage Loans from Appraisal Requirements

WASHINGTON, D.C. - December 13, 2013 - (RealEstateRama) -- Six federal financial regulatory agencies today issued a final rule that creates exemptions from certain appraisal requirements for a subset of higher-priced mortgage loans. The exemptions are intended to save borrowers time and money while still ensuring that the loans are financially sound

Department Enters into Consent Order with Equity Loans, LLC and its owners Eduardo Gutierrez...

Atlanta, Georgia - November 13, 2013 - (RealEstateRama) -- the Georgia Department of Banking and Finance (“Department”) entered into a Consent Order with Equity Loans, LLC, License Number 23300, located at 1150 Hammond Dr., Building E, Suite 650, Atlanta, Georgia 30328, to resolve allegations pertaining to violations of the Georgia Residential Mortgage Act

Recent Gov & Nonprofit Real Estate Press Releases

Carey, Panetta Introduce the Affordable Housing Credit Carryback Act

Last week, U.S. Reps. Mike Carey (R-OH-15) and Jimmy Panetta (D-CA-19) introduced H.R. 9012, the Affordable Housing Credit Carryback Act to strengthen the Low-Income Housing Tax Credit (LIHTC). This legislation will change the LIHTC carryback period from one year to five years, which will increase the uptake of these important credits and spur more investment in affordable housing production.