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LIHTC Legislation Update

Urge NJ’s U.S. Senators and Representatives to Sign Letters of Support

A.C.T.I.O.N. Advocacy Toolkit Rep. Jerry Costello (D-IL-12th) has agreed to co-sponsor H.R. 3661 which would amend the Internal Revenue Code of 1986 to make permanent and expand the temporary minimum credit rate for the low-income housing tax credit program.

You can use the Tiberi-Neal “Dear Colleague” letter to talk with your Representative about cosponsoring H.R. 3661. Contact the member of Congress that represents your district and ask that he support and cosponsor H.R. 3661, legislation proposed by A Call to Invest in Our Neighborhoods (A.C.T.I.O.N.), if he has not already.

Use the Cantwell-Snowe “Dear Colleague” letter to talk with Senators Lautenberg and Menendez about cosponsoring S. 1989, A bill to amend the Internal Revenue Code of 1986 to make permanent the minimum low-income housing tax credit rate for unsubsidized buildings and to provide a minimum 4 percent credit rate for existing buildings. Contact your Senators and ask them to support and cosponsor S. 1989 if they have not already.

Click here to visit the A.C.T.I.O.N. Advocacy Toolkit to view the Tiberi-Neal “Dear Colleague” letter, Cantwell-Snowe “Dear Colleague” letter, state-specific fact sheets, the A.C.T.I.O.N. proposal legislation, tips on contacting your members of Congress, and more.

Click here for a contact sheet for New Jersey’s congressional delegation.

by Kate M. Kelly

Kate Kelly joined Monarch Housing Associates in March of 2011. Her responsibilities include writing policy and other website updates, coordinating state and federal advocacy update and assisting with fundraising efforts. To read more about Kate and all of our staff click here. Click here to send Ms. Kelly an email.

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