Tax Extenders, Tax Reform and Minimum Credit Rate Legislation

Join ACTION Campaign
Urge Your Congressman to Support HR 4717

Tax Extenders, Tax Reform and Minimum Credit Rate LegislationOn Friday, June 13, at 2:00 p.m., the Affordable Housing ACTION, A Call to Invest in Our Neighborhoods, Campaign will hold a conference call discussing the status of:

  • Tax extenders,
  • Tax reform efforts, and
  • The recently introduced minimum credit rate legislation.

A brief update on these topics is also provided below, though the call will go into much greater depth.

The following information will connect you to the call: (866) 469-3239 and participant code: 67749533#

On May 22, Representatives Pat Tiberi (R-OH-12th) and Richard Neal (D-MA-1st) introduced H.R. 4717 to establish a permanent minimum 9% Housing Credit rate for new construction and substantial rehabilitation and a minimum 4% rate for the acquisition of affordable housing.

The bill already has a total of 31 co-sponsors in addition to Representative Tiberi, including Representative Bill Pascrell (NJ-9th) with strong bipartisan support. If your member of congress has not already signed on as a co-sponsor, please reach out to him and ask him to co-sponsor H.R. 4717.

Click here for talking points on H.R. 4717 and a bill summary.

Click here for a list of members of Congress who signed onto minimum credit rate legislation in the past.

Please email Emily Cadik.

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