Congress

NH&RA News

NH&RA Hosts ICAST IRA & BIL Instant Benefit Estimate Calculator

ICAST’s IRA & BIL Instant Benefit Estimate Calculator is now available on NH&RA’s website under the Resources section.

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Congress Approves Temporary Funding Measure through the New Year

Last week, the Senate passed the spending bill with an 87-11 tally, ending the threat of a government shutdown until after the holidays.

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Year End Legislative Update; Advocacy Needed on Tax Bill

There are 47 days between now and the end of the year and only two days until the government runs out of funding under the current continuing resolution (CR).

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FY 2024 Appropriations Update

Last week the Senate passed a Fiscal Year (FY) 2024 appropriations package which included the Transportation, Housing and Urban Development (THUD) bill.

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Congress Seeks to Strike Deal to Avoid Shutdown

With a government shutdown four days away, Congress is moving into crisis mode as both sides seek to strike a deal.

General News

Local Government Leaders Across the Nation Urge Congress to Expand, Strengthen the Housing Credit

Mayors, county executives and other elected executive leaders from local municipalities in nearly every state in the nation this week sent congressional leaders a letter urging Congress to pass the Affordable Housing Credit Improvement Act (AHCIA) (S.1557/H.R. 3238).

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Looming Shutdown and Effect to Housing

Congress is likely on track to trigger a government shutdown on Oct. 1, 2023, with little hope of passing the 12 appropriations bills before the start of the new fiscal year and a standoff in the House Republican Caucus around a short-term continuing resolution.

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Congress Returns this Week with Looming Appropriations Deadline

The House returned this week following August recess and both chambers are racing to meet the September 30 appropriations deadline.

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House and Senate Advance FY 2024 Appropriations

Last week the House and Senate Appropriations Committees both voted Fiscal Year (FY) 2024 Transportation-Housing and Urban Development (T-HUD) appropriations bills out of committee.

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FY 2024 Budget Process Underway

House and Senate Appropriations Committees are racing to pass Fiscal Year (FY) 2024 funding ahead of the August recess and September 30 fiscal year end.

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House Ways and Means Chairman Smith Releases Tax Priorities – LIHTC Not Included

House Ways and Means Chairman Jason Smith (R-MO) released The American Families and Jobs Act, an opening salvo for a year-end tax package. The package focuses primarily on extensions of expired business-related tax credits from the Tax Cuts and Jobs Act of 2017.

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Neighborhood Homes Improvement Act Introduced in the House

Last week, Representatives Mike Kelly (R-PA) and Brian Higgins (D-NY) reintroduced the Neighborhood Homes Investment Act (H.R. 3940).

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2,600 Organization Call on Congress to Support the Affordable Housing Credit Improvement Act 

On the heels of the newly reintroduced Affordable Housing Credit Improvement Act (S. 1557 / H.R. 3238), The ACTION Campaign sent a letter to Congress calling for cosponsors and seeking action on any future tax legislation.

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