• House Passes Senate’s Budget in Move Towards Tax Reform

    On October 26th, the House passed the Senate version of the FY18 budget resolution by a margin of four votes. Many Republicans had voiced concern over the budget levels and deficit increase, but the passage of this budget resolution was necessary for Republicans to move on to tax reform, and since this budget resolution is […] Read More

  • Representative King Cosponsors LIHTC Bill

    House of Representatives Member Pete King (R-NY2) officially cosponsored H.R. 1661, the Affordable Housing Credit Improvement Act today. This commonsense bipartisan legislation strengthens the tax credit and makes it easier to leverage private funds to develop affordable housing for people at a diverse range of incomes. Having met and corresponded with the staff of Rep. King’s office […] Read More

  • Congress Passes & President Signs Second Disaster Spending Bill

    President Trump signed the latest disaster relief legislation today. The $36.5 billion emergency spending bill provides: $18.7 billion for FEMA’s ongoing response to this year’s hurricanes and California wildfires, $16 billion for the National Flood Insurance Program, $576.5 million for the wildfires, and $1.2 billion in nutrition assistance program relief for Puerto Rico. It is […] Read More

  • Representatives Donovan & Stefanik Cosponsor LIHTC Bill

    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

  • Tax Plan Preserves LIHTC

    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

  • House Passes Omnibus Appropriations Package

    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

  • Bi-Partisan Disaster Recovery & Short-Term Spending Package

    On Friday, President Trumped signed into law a legislative package that provides funding for Hurricane relief and recovery, lifts the debt ceiling and keeps the government funded through December 8th. The President worked with Democratic Congressional leaders in a bipartisan effort to help communities affected by the disaster, while also finding short term solutions to […] Read More

  • August Recess Congressional Delegation Meetings

    We have been busy organizing meetings bringing together members of Congress, their district staff, local housing providers and other housing organizations this summer. We will continue this work across New York State to communicate the importance of HUD programs, housing credits and bonds to address a wide range of housing needs in our state. We […] Read More

  • Rep. Zeldin Cosponsors Housing Credit Legislation

    Last week, NYHC organized a meeting with Rep. Zeldin at his Patchogue District office to advocate for his support regarding the Affordable Housing Credit Improvement Act (H.R. 1661). 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. […] Read More
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