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Federal Housing Investment Benefits
Policy Updates
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Both House of Representatives Members Daniel Donovan (R-NY11) and Elise Stefanik (R-NY21) agreed today to cosponsor H.R. 1661, the Affordable Housing Credit Improvement Act. This commonsense bipartisan legislation strengthens the tax credit and makes easier to leverage private funds to develop affordable housing for people at a diverse range of incomes. Having met with the […] Read More
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Today, President Trump announced a framework to overhaul the federal tax code. The blueprint for tax reform called, “Unified Framework For Fixing Our Broken Tax Code,” aims to reduce the corporate tax rate to 20%, simplifies filing for households by significantly increasing standard deductions and eliminates most itemized deductions while also consolidating the existing 7 […] Read More
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On September 14th, the House of Representatives passed its FY2018 Omnibus appropriations package entitled ‘The Make America Secure and Prosperous Appropriations Act’. It is too soon to know if the Senate will also pass an Omnibus, which will have to be then conferenced with the House or if a second Continuing Resolution (CR) will be […] Read More