Affordable Housing Credit Improvement Act of 2021

The Affordable Housing Tax Credit Improvement Act (S. 1136/HR 2573) Community project funding for CAMBA (H.R. 9028)

Client expense: Not reported · Firm income: $20,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

The Affordable Housing Tax Credit Improvement Act (S. 1136/HR 2573) Community project funding for CAMBA (H.R. 9029 and H.R. 9028)

Client expense: Not reported · Firm income: $20,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

The Affordable Housing Tax Credit Improvement Act (S. 1136/HR 2573)

Client expense: Not reported · Firm income: $20,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

The Affordable Housing Tax Credit Improvement Act (S. 1136/HR 2573)

Client expense: Not reported · Firm income: $20,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

The Affordable Housing Tax Credit Improvement Act (S. 1136/HR 2573)

Client expense: Not reported · Firm income: $20,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

The Affordable Housing Tax Credit Improvement Act (S. 1136/HR 2573)

Client expense: Not reported · Firm income: $20,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

The Affordable Housing Tax Credit Improvement Act (S. 1136/HR 2573)

Client expense: Not reported · Firm income: $20,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

The Affordable Housing Tax Credit Improvement Act (S. 1136/HR 2573)

Client expense: Not reported · Firm income: $20,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

The Affordable Housing Tax Credit Improvement Act (S. 1136/HR 2573)

Client expense: Not reported · Firm income: $20,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

The Affordable Housing Tax Credit Improvement Act (S. 1136/HR 2573)

Client expense: Not reported · Firm income: $20,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

The Affordable Housing Tax Credit Improvement Act (S. 1136/HR 2573)

Client expense: Not reported · Firm income: $20,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

The Affordable Housing Tax Credit Improvement Act (S. 1136/HR 2573)

Client expense: Not reported · Firm income: $20,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Extension of TCJA Business Tax Provisions & Tax Issues in Biden Administrations Fiscal Year 2024 Budget NMHC supports extending individual tax rates and the 20 percent qualified business income tax deduction that expire at the end of 2025. S. 1706, Main Street Tax Certainty Act of 2023, to amend the Internal Revenue Code of 1986 to make permanent the deduction for qualified business income, all provisions. Forthcoming House version of the Main Street Tax Certainty Act of 2023, to amend the Internal Revenue Code of 1986 to make permanent the deduction for qualified business income, all provisions. NMHC supports extension of 100 bonus depreciation and restoring EBITDA for purposes of calculating the limitation on the deductibility of business interest. H.R. 3938, Build It In America Act, to amend the Internal Revenue Code of 1986 to encourage economic growth, Title I -- Investment in America: Section 102: Extension of allowance for depreciation, amortization, or depletion in determining the limitation on business interest and Section 103: Extension of 100 bonus depreciation; Title III -- Repeal of Special Interest Tax Provisions: Section 301: Repeal of clean electricity production credit and Section 302: Repeal of clean electricity investment credit. General Explanations of the Administration's Fiscal Year 2024 Revenue Proposals: Prevent basis shifting by related parties through partnerships; Strengthen limitation on losses for non-corporate taxpayers; Expand and enhance the Low-Income Housing Tax Credit; Apply the net investment income tax to pass-through business income of high-income taxpayers; Increase the net investment income tax rate and additional Medicare tax rate for high-income taxpayers; Increase the top marginal income tax rate for high-income earners; Reform the taxation of capital income; Tax carried (profits) interests as ordinary income; Repeal deferral of gain from like-kind exchanges; and Require 100 percent depreciation recapture of depreciation deductions as ordinary income for certain depreciable real property.Estate Tax, Stepped-Up Basis, and Taxation of Unrealized Capital Gains at Death NMHC supports making permanent the Estate Tax rules enacted as part of the Tax Cuts and Jobs Act of 2017. NMHC supports retaining current law providing for stepped-up basis at death and taxation of capital gains upon actual sale. S. 1108, Death Tax Repeal Act of 2023, all provisions. Carried Interest NMHC believes that carried interest should be treated as a long-term capital gain if the underlying asset is held for at least one year.  H.R. 2866, Ending Wall Street Tax Giveaway Act, to amend the Internal Revenue Code of 1986 to provide for the proper tax treatment of personal service income earned in pass-thru entities, all provisions. Like-Kind Exchanges NMHC supports retaining current law. NMHC opposed curtailing like-kind exchanges as part of legislation to increase debt ceiling Low-Income Housing Tax Credit and Middle-Income Housing Tax Credit S. 680, Decent, Affordable, Safe Housing for All Act (DASH Act), to provide rental housing vouchers for the homeless, and for other purposes, Title I -- Housing Assistance, Subtitle A -- General Housing Assistance, Section 111: Rental Vouchers for the Homeless, portion of section pertaining to source of income rules; and Section 114: Supporting pro-housing development; Title II -- Revenue Provisions: Sections 201-210 pertaining to the Low-Income Housing Tax Credit; Section 211: Study of tax incentives for the conversion of commercial property to affordable housing; Section 212: Renter's credit; and Section 213: Middle-income housing tax credit. Draft legislation, Workforce Housing Tax Credit Act of 2022, to amend the Internal Revenue Code of 1986 to establish a Workforce Housing Tax Credit, and for other purposes, all provisions. H.R. 3238, Affordable Housing Credit Improvement Act of 2023, to amend the Internal Revenue Code of 1986 to reform the low-income housing credit, and for other purposes, all provisions. S. 1557, Affordable Housing Credit Improvement Act of 2023, to amend the Internal Revenue Code of 1986 to reform the low-income housing credit, and for other purposes, all provisions. H.R. 2573 (117th Congress), Affordable Housing Credit Improvement Act of 2021, to reform the low-income housing credit, and for other purposes, all provisions and recommendations for modifications to existing provisions and potential new provisions for inclusion when bills are reintroduced in 118th Congress. S. 1136 (117th Congress), Affordable Housing Credit Improvement Act of 2021, to reform the low-income housing credit, and for other purposes, all provisions and recommendations for modifications to existing provisions and potential new provisions for inclusion when bills are reintroduced in 118th Congress. NMHC supports an increase in the private-activity bond volume cap to enhance the use of 4 percent Low-Income Housing Tax Credits. S. 1377, Visitable Inclusive Tax credits for Accessible Living (VITAL) Act, to amend the Internal Revenue Code of 1986 to improve the low-income housing credit, all provisions. Adaptive Reuse Draft Proposal: Federal tax policies impacting the conversion of property (e.g., conversion of office buildings into housing) to encourage repurposing of non-residential properties into residential rental property, including proposals to establish tax credits and to enable jurisdictions that have a plan to track discriminatory land-use policies to use tax-exempt bonds to encourage repurposing of non-residential properties into residential rental property. Draft legislation, to amend the Internal Revenue Code of 1986 to provide an investment credit for converting non-residential buildings to affordable housing and to allow the issuance of private activity bonds for affordable housing conversions, all provisions. H.R. 419, Revitalizing Downtowns Act, to amend the Internal Revenue Code of 1986 to provide an investment credit for the conversion of office buildings into other uses, all provisions. S. 2511 (117th Congress), Revitalizing Downtowns Act, to amend the Internal Revenue Code of 1986 to provide an investment credit for the conversion of office buildings into other uses, all provisions. Opportunity Zones NMHC supports reducing the basis increase necessary to qualify a multifamily rehabilitation project for Opportunity Zone purposes. H.R. 3937, Small Business Jobs Act, to amend the Internal Revenue Code of 1986 to promote the establishment and growth of small businesses, Section 6: Establishment of special rules for capital gains invested in rural opportunity zones and Section 7: Reporting on qualified opportunity funds and qualified rural opportunity funds. Rehabilitation Tax Credit H.R. 1483 (117th Congress), Revitalizing Economies, Housing, and Businesses Act of 2021 or the REHAB Act of 2021, to amend the Internal Revenue Code of 1986 to modify the rehabilitation credit, all provisions. Foreign Investment in Real Property Tax Act (FIRPTA) H.R. 3123 (117th Congress), Parity for Non-Traded REITs Act, to amend the Internal Revenue Code of 1986 to provide the same treatment to publicly offered, non-traded Real Estate Investment Trusts as is provided to exchange-traded Real Estate Investment Trusts under the Foreign Investment in Real Property Tax Act of 1980, all provisions. Department of the Treasury, Internal Revenue Service, 26 CFR Part 1, REG-100442-22, RIN 1545-BQ36, Guidance on the Foreign Government Income Exception and the Definition of Domestically Controlled Qualified Investment Entities, portion of proposed regulation pertaining to the definition of domestically controlled qualified investment entities. Energy Tax Issues Proposals to modify the Alternative Fuel Vehicle Refueling Property Credit (IRC 30C) H.R. 2346 (117th Congress), Energy Efficient Qualified Improvement Property Act of 2021, or the E-QUIP Act, to amend the Internal Revenue Code of 1986 to allow 10-year straight line depreciation for energy efficient qualified improvement property, and for other purposes, all provisions. Department of the Treasury, Internal Revenue Service, 26 CFR Chapter I, REG-110412-23, RIN 1545-BQ81, Additional Guidance on Low-Income Communities Bonus Credit Program, considered submitting comments (but did not do so) on portion of proposed regulation pertaining to financial benefits for qualified low-income residential building projects.

Client expense: $2,440,000 · Firm income: Not reported

Government targets: Federal Housing Finance Agency (FHFA), HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), Natl Economic Council (NEC), SENATE, Treasury, Dept of

TCJA Permanency & Tax Issues in Biden Administrations Fiscal Year 2024 Budget General Explanations of the Administration's Fiscal Year 2024 Revenue Proposals: Prevent basis shifting by related parties through partnerships; Strengthen limitation on losses for non-corporate taxpayers; Expand and enhance the Low-Income Housing Tax Credit; Apply the net investment income tax to pass-through business income of high-income taxpayers; Increase the net investment income tax rate and additional Medicare tax rate for high-income taxpayers; Increase the top marginal income tax rate for high-income earners; Reform the taxation of capital income; Tax carried (profits) interests as ordinary income; Repeal deferral of gain from like-kind exchanges; and Require 100 percent depreciation recapture of depreciation deductions as ordinary income for certain depreciable real property. NMHC supports extending individual tax rates and 20 percent qualified business income tax deduction that expires at the end of 2025. Estate Tax, Stepped-Up Basis, and Taxation of Unrealized Capital Gains at Death NMHC supports making permanent the Estate Tax rules enacted as part of the Tax Cuts and Jobs Act of 2017. NMHC supports retaining current law providing for stepped-up basis at death and taxation of capital gains upon actual sale. S. 1108, Death Tax Repeal Act of 2023, all provisions. Carried Interest NMHC believes that carried interest should be treated as a long-term capital gain if the underlying asset is held for at least one year.  Like-Kind Exchanges NMHC supports retaining current law. Low-Income Housing Tax Credit (LIHTC) and Middle-Income Housing Tax Credit (MIHTC) S. 680, Decent, Affordable, Safe Housing for All Act (DASH Act), to provide rental housing vouchers for the homeless, and for other purposes, Title I -- Housing Assistance, Subtitle A -- General Housing Assistance, Section 111: Rental Vouchers for the Homeless, portion of section pertaining to source of income rules; and Section 114: Supporting pro-housing development; Title II -- Revenue Provisions: Sections 201-210 pertaining to the Low-Income Housing Tax Credit; Section 211: Study of tax incentives for the conversion of commercial property to affordable housing; Section 212: Renter's credit; and Section 213: Middle-income housing tax credit. S. 2820 (117th Congress), Decent, Affordable, Safe Housing for All Act (DASH Act), to provide rental housing vouchers for the homeless, and for other purposes, Title I -- Housing Assistance, Subtitle A -- General Housing Assistance, Section 111: Rental Vouchers for the Homeless, portion of section pertaining to source of income rules; Title II -- Revenue Provisions: Sections 201-214 pertaining to the Low-Income Housing Tax Credit, Section 215 establishing a renter's tax credit, and Section 216 establishing a middle-income housing tax credit. Draft legislation, Workforce Housing Tax Credit Act of 2022, to amend the Internal Revenue Code of 1986 to establish a Workforce Housing Tax Credit, and for other purposes, all provisions. H.R. 2573 (117th Congress), Affordable Housing Credit Improvement Act of 2021, to reform the low-income housing credit, and for other purposes, all provisions and recommendations for modifications to existing provisions and potential new provisions for inclusion when bills are reintroduced in 118th Congress. S. 1136 (117th Congress), Affordable Housing Credit Improvement Act of 2021, to reform the low-income housing credit, and for other purposes, all provisions and recommendations for modifications to existing provisions and potential new provisions for inclusion when bills are reintroduced in 118th Congress. Draft legislation (117th Congress), to amend the Internal Revenue Code of 1986 to improve the low-income housing tax credit, Section 6: Increase in credit for projects designated to serve households with people with disabilities and Section 7: Requirement for projects designated to serve households with people with disabilities. NMHC supports increasing the private-activity bond volume cap to increase the use of 4 percent Low-Income Housing Tax Credits. Adaptive Reuse Federal tax policies impacting the conversion of property (e.g., conversion of office buildings into housing) to encourage repurposing of non-residential properties into residential rental property, including proposals to establish tax credits and to enable jurisdictions that reduce zoning barriers to use tax-exempt bonds to encourage repurposing of non-residential properties into residential rental property. H.R. 419, Revitalizing Downtowns Act, to amend the Internal Revenue Code of 1986 to provide an investment credit for the conversion of office buildings into other uses, all provisions. S. 2511 (117th Congress), Revitalizing Downtowns Act, to amend the Internal Revenue Code of 1986 to provide an investment credit for the conversion of office buildings into other uses, all provisions. Opportunity Zones NMHC supports reducing the basis increase necessary to qualify a multifamily rehabilitation project for Opportunity Zone purposes. Rehabilitation Tax Credit H.R. 1483 (117th Congress), Revitalizing Economies, Housing, and Businesses Act of 2021 or the REHAB Act of 2021, to amend the Internal Revenue Code of 1986 to modify the rehabilitation credit, all provisions. Foreign Investment in Real Property Tax Act (FIRPTA) H.R. 3123 (117th Congress), Parity for Non-Traded REITs Act, to amend the Internal Revenue Code of 1986 to provide the same treatment to publicly offered, non-traded Real Estate Investment Trusts as is provided to exchange-traded Real Estate Investment Trusts under the Foreign Investment in Real Property Tax Act of 1980, all provisions. Department of the Treasury, Internal Revenue Service, 26 CFR Part 1, REG-100442-22, RIN 1545-BQ36, Guidance on the Foreign Government Income Exception and the Definition of Domestically Controlled Qualified Investment Entities, portion of proposed regulation pertaining to the definition of domestically controlled qualified investment entities.

Client expense: $2,330,000 · Firm income: Not reported

Government targets: Federal Housing Finance Agency (FHFA), HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), Internal Revenue Service (IRS), Natl Economic Council (NEC), SENATE, Treasury, Dept of

Issues related to the nations shortage of affordable housing and the Affordable Housing Credit Improvement Act (H.R.2573/S.1136)

Client expense: Not reported · Firm income: $40,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Proposals impacting the low-income housing tax credit. Proposals related to the tax treatment of federally declared disasters. Low- and Middle-income housing tax credit. Affordable housing. Private activity bonds. H.R. 2573/S. 1136, Affordable Housing Credit Improvement Act (117th Congress). H.R. 2617, Consolidated Appropriations Act of 2023, SECURE 2.0 Act of 2022 (117th Congress). S. 4445, Affordable Housing Bond Enhancement Act (117th Congress). S. 680, DASH Act.

Client expense: Not reported · Firm income: $10,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

TCJA Permanency & Tax Issues in Biden Administrations Fiscal Year 2024 Budget General Explanations of the Administration's Fiscal Year 2024 Revenue Proposals: Prevent basis shifting by related parties through partnerships; Strengthen limitation on losses for non-corporate taxpayers; Expand and enhance the Low-Income Housing Tax Credit; Apply the net investment income tax to pass-through business income of high-income taxpayers; Increase the net investment income tax rate and additional Medicare tax rate for high-income taxpayers; Increase the top marginal income tax rate for high-income earners; Reform the taxation of capital income; Tax carried (profits) interests as ordinary income; Repeal deferral of gain from like-kind exchanges; and Require 100 percent depreciation recapture of depreciation deductions as ordinary income for certain depreciable real property. NMHC supports extending individual tax rates and 20 percent qualified business income tax deduction that expires at the end of 2025. Estate Tax, Stepped-Up Basis, and Taxation of Unrealized Capital Gains at Death NMHC supports making permanent the Estate Tax rules enacted as part of the Tax Cuts and Jobs Act of 2017. NMHC supports retaining current law providing for stepped-up basis at death and taxation of capital gains upon actual sale. S. 1108, Death Tax Repeal Act of 2023, all provisions. Carried Interest NMHC believes that carried interest should be treated as a long-term capital gain if the underlying asset is held for at least one year.  Like-Kind Exchanges NMHC supports retaining current law. Low-Income Housing Tax Credit (LIHTC) and Middle-Income Housing Tax Credit (MIHTC) S. 680, Decent, Affordable, Safe Housing for All Act (DASH Act), to provide rental housing vouchers for the homeless, and for other purposes, Title I -- Housing Assistance, Subtitle A -- General Housing Assistance, Section 111: Rental Vouchers for the Homeless, portion of section pertaining to source of income rules; and Section 114: Supporting pro-housing development; Title II -- Revenue Provisions: Sections 201-210 pertaining to the Low-Income Housing Tax Credit; Section 211: Study of tax incentives for the conversion of commercial property to affordable housing; Section 212: Renter's credit; and Section 213: Middle-income housing tax credit. S. 2820 (117th Congress), Decent, Affordable, Safe Housing for All Act (DASH Act), to provide rental housing vouchers for the homeless, and for other purposes, Title I -- Housing Assistance, Subtitle A -- General Housing Assistance, Section 111: Rental Vouchers for the Homeless, portion of section pertaining to source of income rules; Title II -- Revenue Provisions: Sections 201-214 pertaining to the Low-Income Housing Tax Credit, Section 215 establishing a renter's tax credit, and Section 216 establishing a middle-income housing tax credit. Draft legislation, Workforce Housing Tax Credit Act of 2022, to amend the Internal Revenue Code of 1986 to establish a Workforce Housing Tax Credit, and for other purposes, all provisions. H.R. 2573 (117th Congress), Affordable Housing Credit Improvement Act of 2021, to reform the low-income housing credit, and for other purposes, all provisions and recommendations for modifications to existing provisions and potential new provisions for inclusion when bills are reintroduced in 118th Congress. S. 1136 (117th Congress), Affordable Housing Credit Improvement Act of 2021, to reform the low-income housing credit, and for other purposes, all provisions and recommendations for modifications to existing provisions and potential new provisions for inclusion when bills are reintroduced in 118th Congress. Draft legislation (117th Congress), to amend the Internal Revenue Code of 1986 to improve the low-income housing tax credit, Section 6: Increase in credit for projects designated to serve households with people with disabilities and Section 7: Requirement for projects designated to serve households with people with disabilities. NMHC supports increasing the private-activity bond volume cap to increase the use of 4 percent Low-Income Housing Tax Credits. Adaptive Reuse Federal tax policies impacting the conversion of property (e.g., conversion of office buildings into housing) to encourage repurposing of non-residential properties into residential rental property, including proposals to establish tax credits and to enable jurisdictions that reduce zoning barriers to use tax-exempt bonds to encourage repurposing of non-residential properties into residential rental property. H.R. 419, Revitalizing Downtowns Act, to amend the Internal Revenue Code of 1986 to provide an investment credit for the conversion of office buildings into other uses, all provisions. S. 2511 (117th Congress), Revitalizing Downtowns Act, to amend the Internal Revenue Code of 1986 to provide an investment credit for the conversion of office buildings into other uses, all provisions. Opportunity Zones NMHC supports reducing the basis increase necessary to qualify a multifamily rehabilitation project for Opportunity Zone purposes. Rehabilitation Tax Credit H.R. 1483 (117th Congress), Revitalizing Economies, Housing, and Businesses Act of 2021 or the REHAB Act of 2021, to amend the Internal Revenue Code of 1986 to modify the rehabilitation credit, all provisions. Foreign Investment in Real Property Tax Act (FIRPTA) H.R. 3123 (117th Congress), Parity for Non-Traded REITs Act, to amend the Internal Revenue Code of 1986 to provide the same treatment to publicly offered, non-traded Real Estate Investment Trusts as is provided to exchange-traded Real Estate Investment Trusts under the Foreign Investment in Real Property Tax Act of 1980, all provisions. Department of the Treasury, Internal Revenue Service, 26 CFR Part 1, REG-100442-22, RIN 1545-BQ36, Guidance on the Foreign Government Income Exception and the Definition of Domestically Controlled Qualified Investment Entities, portion of proposed regulation pertaining to the definition of domestically controlled qualified investment entities.

Client expense: $2,333,138 · Firm income: Not reported

Government targets: Federal Housing Finance Agency (FHFA), HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), Internal Revenue Service (IRS), Natl Economic Council (NEC), SENATE, Treasury, Dept of

TCJA Permanency & Tax Issues in Biden Administrations Fiscal Year 2024 Budget General Explanations of the Administration's Fiscal Year 2024 Revenue Proposals: Prevent basis shifting by related parties through partnerships; Strengthen limitation on losses for non-corporate taxpayers; Expand and enhance the Low-Income Housing Tax Credit; Apply the net investment income tax to pass-through business income of high-income taxpayers; Increase the net investment income tax rate and additional Medicare tax rate for high-income taxpayers; Increase the top marginal income tax rate for high-income earners; Reform the taxation of capital income; Tax carried (profits) interests as ordinary income; Repeal deferral of gain from like-kind exchanges; and Require 100 percent depreciation recapture of depreciation deductions as ordinary income for certain depreciable real property. NMHC supports extending individual tax rates and 20 percent qualified business income tax deduction that expires at the end of 2025. Estate Tax, Stepped-Up Basis, and Taxation of Unrealized Capital Gains at Death NMHC supports making permanent the Estate Tax rules enacted as part of the Tax Cuts and Jobs Act of 2017. NMHC supports retaining current law providing for stepped-up basis at death and taxation of capital gains upon actual sale. S. 1108, Death Tax Repeal Act of 2023, all provisions. Carried Interest NMHC believes that carried interest should be treated as a long-term capital gain if the underlying asset is held for at least one year.  Like-Kind Exchanges NMHC supports retaining current law. Low-Income Housing Tax Credit (LIHTC) and Middle-Income Housing Tax Credit (MIHTC) S. 680, Decent, Affordable, Safe Housing for All Act (DASH Act), to provide rental housing vouchers for the homeless, and for other purposes, Title I -- Housing Assistance, Subtitle A -- General Housing Assistance, Section 111: Rental Vouchers for the Homeless, portion of section pertaining to source of income rules; and Section 114: Supporting pro-housing development; Title II -- Revenue Provisions: Sections 201-210 pertaining to the Low-Income Housing Tax Credit; Section 211: Study of tax incentives for the conversion of commercial property to affordable housing; Section 212: Renter's credit; and Section 213: Middle-income housing tax credit. S. 2820 (117th Congress), Decent, Affordable, Safe Housing for All Act (DASH Act), to provide rental housing vouchers for the homeless, and for other purposes, Title I -- Housing Assistance, Subtitle A -- General Housing Assistance, Section 111: Rental Vouchers for the Homeless, portion of section pertaining to source of income rules; Title II -- Revenue Provisions: Sections 201-214 pertaining to the Low-Income Housing Tax Credit, Section 215 establishing a renter's tax credit, and Section 216 establishing a middle-income housing tax credit. Draft legislation, Workforce Housing Tax Credit Act of 2022, to amend the Internal Revenue Code of 1986 to establish a Workforce Housing Tax Credit, and for other purposes, all provisions. H.R. 2573 (117th Congress), Affordable Housing Credit Improvement Act of 2021, to reform the low-income housing credit, and for other purposes, all provisions and recommendations for modifications to existing provisions and potential new provisions for inclusion when bills are reintroduced in 118th Congress. S. 1136 (117th Congress), Affordable Housing Credit Improvement Act of 2021, to reform the low-income housing credit, and for other purposes, all provisions and recommendations for modifications to existing provisions and potential new provisions for inclusion when bills are reintroduced in 118th Congress. Draft legislation (117th Congress), to amend the Internal Revenue Code of 1986 to improve the low-income housing tax credit, Section 6: Increase in credit for projects designated to serve households with people with disabilities and Section 7: Requirement for projects designated to serve households with people with disabilities. NMHC supports increasing the private-activity bond volume cap to increase the use of 4 percent Low-Income Housing Tax Credits. Adaptive Reuse Federal tax policies impacting the conversion of property (e.g., conversion of office buildings into housing) to encourage repurposing of non-residential properties into residential rental property, including proposals to establish tax credits and to enable jurisdictions that reduce zoning barriers to use tax-exempt bonds to encourage repurposing of non-residential properties into residential rental property. H.R. 419, Revitalizing Downtowns Act, to amend the Internal Revenue Code of 1986 to provide an investment credit for the conversion of office buildings into other uses, all provisions. S. 2511 (117th Congress), Revitalizing Downtowns Act, to amend the Internal Revenue Code of 1986 to provide an investment credit for the conversion of office buildings into other uses, all provisions. Opportunity Zones NMHC supports reducing the basis increase necessary to qualify a multifamily rehabilitation project for Opportunity Zone purposes. Rehabilitation Tax Credit H.R. 1483 (117th Congress), Revitalizing Economies, Housing, and Businesses Act of 2021 or the REHAB Act of 2021, to amend the Internal Revenue Code of 1986 to modify the rehabilitation credit, all provisions. Foreign Investment in Real Property Tax Act (FIRPTA) H.R. 3123 (117th Congress), Parity for Non-Traded REITs Act, to amend the Internal Revenue Code of 1986 to provide the same treatment to publicly offered, non-traded Real Estate Investment Trusts as is provided to exchange-traded Real Estate Investment Trusts under the Foreign Investment in Real Property Tax Act of 1980, all provisions. Department of the Treasury, Internal Revenue Service, 26 CFR Part 1, REG-100442-22, RIN 1545-BQ36, Guidance on the Foreign Government Income Exception and the Definition of Domestically Controlled Qualified Investment Entities, portion of proposed regulation pertaining to the definition of domestically controlled qualified investment entities.

Client expense: $233,138 · Firm income: Not reported

Government targets: Federal Housing Finance Agency (FHFA), HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), Internal Revenue Service (IRS), Natl Economic Council (NEC), SENATE, Treasury, Dept of

Housing (Michael Kelley, Michele Stockwell) House and Senate Issues/Topics Affordable housing Housing finance reform Housing vouchers Rental assistance Special purpose credit programs Low-income housing tax credit Fair housing Public housing Foreclosure/eviction prevention Disaster recovery Zoning reform Bills H.R. 2573/S. 1136, the Affordable Housing Credit Improvement Act H.R. 6880/S. 1820, the Choice in Affordable Housing Act H.R. 492, the Supporting Veteran Families in Need Act H.R. 876/S.612, the Improving Housing Outcomes for Veterans Act H.R. 1257, the Homeless Veterans CREDIT Act H.R. 2419, the Affordable Housing for Homeless Veterans Act S. 1838, the Building Credit Access for Veterans Act S. 2172, the Building Solutions for Veterans Experiencing Homelessness Act H.R. 240, the Homeless Veterans with Children Reintegration Act H.R. 5606, the Return Home to Housing Act H.R. 5376, the Build Back Better Act H.R. 5301 H.R. 4707/S. 2471, the Reforming Disaster Recovery Act S. 2182, the Eviction Crisis Act H.R. 4495, the Down payment Toward Equity Act H.R. 1728, the Investment and Strategy in Rural Housing Preservation Act S. 1991, the Family Stability and Opportunity Vouchers Act S. 98/H.R. 2143, the Neighborhood Home Investment Act S. 2190, the Task Force on the Impact of the Affordable Housing Crisis Act S. 902, the Housing Supply and Affordability Act S. 2797, the LIFT Homebuyers Act

Client expense: $630,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Monitoring H.R. 1868 To prevent across-the-board direct spending cuts, and for other purposes Support H.R. 1319 American Rescue Plan Act of 2021 Fiscal Year 2022 Budget Request for the Department of Housing and Urban Development S580 Affordable Housing Redevelopment Act HR 1 For the People Act 2021 Monitoring HR3580 Monitoring S1674 Affordable Housing Production Act Monitoring HR3279 HUD Inspection Oversight Act of 2021 Monitoring HR2851 Affordable Housing Preservation Act of 2021 Monitoring HR2768 American Housing and Economic Mobility Act of 2021 Support HR1904 Broadband Justice Act of 2021 Support HR1947 Ensuring a Long-Term Housing Recovery Act of 2021 Support HE 2126 Housing Supply and Affordability Act Support HR2200 Housing Accountability Act of 2021 Monitoring HR2573 Affordable Housing Credit Improvement Act of 2021 Monitoring 2768 American Housing and Economic Mobility Act of 2021 Monitoring 2851 Affordable Housing Preservation Act of 2021 Monitoring 3279 HUD Inspection Oversight Act of 2021 Support HR3555 Voters on the Move Registration Act of 2021 Support HR 3772 Housing Is a Human Right Act of 2021 Support HR 4237 Tenant Empowerment Act of 2021 Tenant Empowerment Act of 2021 Support HR 4497 Housing is Infrastructure Act of 2021 Housing is Infrastructure Act of 2021 Support HR 4502 Labor, Health and Human Services, Education, Agriculture, Rural Development, Energy and Water Development, Financial Services and General Government, Interior, Environment, Military Construction, Veterans Affairs, Transportation, and Housing and Urban Development Appropriations Act, 2022 Support HR 4550 Transportation, Housing and Urban Development, and Related Agencies Appropriations Act, 2022 Monitoring HR 5361 We Need Eviction Data Now Act of 2021 Monitoring HR 5385 Affordable HOME Act Affordable Housing Opportunities Made Equitable Act Support S1820 Choice in Affordable Housing Act of 2021 Support S 2234 Affordable HOME Act Affordable Housing Opportunities Made Equitable Act Support S2820 DASH Act Decent, Affordable, Safe Housing for all Act Support S769 Housing Fairness Act of 2021 Support S 4181 LIFELINE Act LIHTC Financing Enabling Long-term Investment in Neighborhood Excellence Act Support HR8866 Expanding Service Coordinators Act Support HR8778 Home Internet Accessibility Act Support HR7981 Public and Federally Assisted Housing Fire Safety Act of 2022 Support HR6528 Housing Temperature Safety Act of 2022 Support HR3111 Grandfamily Housing Act of 2021

Client expense: $29,721 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Issues/Topics Affordable housing Housing finance reform Housing vouchers Rental assistance Low-income housing tax credit Fair housing Public housing Foreclosure/eviction prevention Disaster recovery Zoning reform Construction innovation Community Development Block Grant Disaster Recovery Bills H.R. 2573 / S. 1136, the Affordable Housing Credit Improvement Act H.R. 6880 / S. 1820, the Choice in Affordable Housing Act H.R. 492, the Supporting Veteran Families in Need Act H.R. 876 / S.612, the Improving Housing Outcomes for Veterans Act H.R. 1257, the Homeless Veterans CREDIT Act H.R. 2419, the Affordable Housing for Homeless Veterans Act S. 1838, the Building Credit Access for Veterans Act S. 2172, the Building Solutions for Veterans Experiencing Homelessness Act H.R. 240, the Homeless Veterans with Children Reintegration Act H.R. 5606, the Return Home to Housing Act H.R. 5376, the Build Back Better Act H.R. 5301, To amend title 38, United States Code H.R. 4707 / S. 2471, the Reforming Disaster Recovery Act S. 2182, the Eviction Crisis Act H.R. 4495, the Down Payment Toward Equity Act H.R. 1728, the Investment and Strategy in Rural Housing Preservation Act S. 1991, the Family Stability and Opportunity Vouchers Act H.R. 2143 / S. 98, the Neighborhood Home Investment Act S. 2190, the Task Force on the Impact of the Affordable Housing Crisis Act S. 902, the Housing Supply and Affordability Act S. 2797, the LIFT Homebuyers Act S. 4445, the Affordable Housing Bond Enhancement Act H.R. 3323 / S. 1684, the Federal Home Loan Banks' Mission Implementation Act H.R. 7078 / S. 4181, the LIFELINE Act H.R. 5376, the Reduction Act

Client expense: $960,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Issues/Topics Affordable housing Housing finance reform Housing vouchers Rental assistance Low-income housing tax credit Fair housing Public housing Foreclosure/eviction prevention Disaster recovery Zoning reform Construction innovation Community Development Block Grant Disaster Recovery Bills H.R. 2573 / S. 1136, the Affordable Housing Credit Improvement Act H.R. 6880 / S. 1820, the Choice in Affordable Housing Act H.R. 492, the Supporting Veteran Families in Need Act H.R. 876 / S.612, the Improving Housing Outcomes for Veterans Act H.R. 1257, the Homeless Veterans CREDIT Act H.R. 2419, the Affordable Housing for Homeless Veterans Act S. 1838, the Building Credit Access for Veterans Act S. 2172, the Building Solutions for Veterans Experiencing Homelessness Act H.R. 240, the Homeless Veterans with Children Reintegration Act H.R. 5606, the Return Home to Housing Act H.R. 5376, the Build Back Better Act H.R. 5301, To amend title 38, United States Code H.R. 4707 / S. 2471, the Reforming Disaster Recovery Act S. 2182, the Eviction Crisis Act H.R. 4495, the Down Payment Toward Equity Act H.R. 1728, the Investment and Strategy in Rural Housing Preservation Act S. 1991, the Family Stability and Opportunity Vouchers Act H.R. 2143 / S. 98, the Neighborhood Home Investment Act S. 2190, the Task Force on the Impact of the Affordable Housing Crisis Act S. 902, the Housing Supply and Affordability Act S. 2797, the LIFT Homebuyers Act S. 4445, the Affordable Housing Bond Enhancement Act H.R. 3323 / S. 1684, the Federal Home Loan Banks' Mission Implementation Act H.R. 7078 / S. 4181, the LIFELINE Act H.R. 5376, the Reduction Act

Client expense: $870,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R. 2483/S. 3237, Build More Housing Near Transit Act of 2021; H.R. 2126/S. 902, Housing Supply and Affordability Act; H.R. 3198/S. 1614, Yes in my Backyard Act; H.R. 6307, Tiny Homes for Homeless Veterans; Housing, Opportunity, Mobility, and Equity (HOME) Act; Build Back Better; S. 768, Better Planning and Land-Use for Accessible Neighborhoods Act; H.R. 1615, Maximizing Our Redevelopment and Efficiency for Transit Oriented Development (More TOD) Act of 2021; Task Force on the Impact of the Affordable Housing Credit Improvement Act; H.R. 2573/S. 1136, Affordable Housing Credit Improvement Act of 2021; H.R. 2143/S. 98, Neighborhood Homes Investment Act; H.R. 3680, Promoting Affordable Housing Near Transit Act; H.R. 816, Restoring Communities Left Behind Act; H.R. 1483, Revitalizing Economies, Housing, And Businesses (REHAB) Act of 2021; H.R. 1360, American Dream Down Payment Act of 2021; S. 1820, Choice in Affordable Housing Act of 2021; H.R. 1728, Strategy and Investment in Rural Housing Preservation Act of 2021; S. 2256, Charitable Conservation Easement Program Integrity Act of 2021; Housing tax credits; Community Development Block Grant program; Surface Transportation Black Grant program; Accessory Dwelling Units; Appointing Solomon Greene to the Office of Policy Development and Research at the Department of Housing and Urban Development; FY23 Appropriations; H.R. 2543, Federal Reserve Racial and Economic Equity Act; H.R. 4759/S. 2511, Revitalizing Downtowns Act; H.R. 7078, LIHTC Financing Enabling Long-term Investment in Neighborhood Excellence (LIFELINE) Act; S. 4485, Fair Housing Improvement Act of 2022; H.R. 5756, Portal for Appraisal Licensing Act of 2021; S. 4062, Helping Open Underutilized Space to Ensure Shelter (HOUSES) Act of 2022.

Client expense: $140,000 · Firm income: Not reported

Government targets: Executive Office of the President (EOP), HOUSE OF REPRESENTATIVES, SENATE

H.R. 2143 Neighborhood Homes Investment Act S. 98 Neighborhood Homes Investment Act H.R. 2573 Affordable Housing Credit Improvement Act S. 1136 Affordable Housing Credit Improvement Act S.2554 Renters Tax Credit Act of 2021 S. 2680 Real Corporate Profits Tax Act of 2021 S. 2820 DASH Act S.3590 Middle Class Mortgage Insurance Premium Act of 2022 H.R. 4759 Revitalizing Downtowns Act S. 2511Revitalizing Downtowns Act H.R. 9589 IRS Electronic Income Verification Act

Client expense: $570,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of

Tax issues related to strengthening and expanding the Low-Income Housing Tax Credit and Tax-Exempt Housing Bonds, including the Affordable Housing Credit Improvement Act (H.R. 2573 and S. 1136).

Client expense: Not reported · Firm income: $60,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Lobbied on the importance of building codes in affordable housing. No bill number. Lobbied for the Green Neighborhoods Act. (H.R. 4155) Lobbied for the reintroduction of the Yes In My Backyard Act. (H.R. 3198/S. 1614) Lobbied for the Housing Supply and Affordability Act, (H.R. 2126/S. 902) Lobbied for the Build More Housing Near Transit Act (H.R. 4307) Lobbied for the Affordable Housing Credit Improvement Act (H.R. 2573/S. 1136) Lobbied for the Neighborhood Homes Investment Act (S. 98/H.R. 2143) Lobbied for HOPE for HOMES Act of 2021 (S. 1768/H.R. 3456) Lobbied in support of The Infrastructure Investment in Jobs Act of 2021 (H.R. 3684) Lobbied for housing investment in Inflation Reduction Act (P.L. 117-169).

Client expense: Not reported · Firm income: $60,000

Government targets: HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), SENATE

Extension and Expansion of Credits for Paid Sick and Family Leave and Employee Retention HR1319 - The American Rescue Plan Act of 2021 State and Local Tax Deduction HR202 - SALT Fairness Act HR613 - SALT Deductibility Act HR946 - SALT Act HR2439 - SALT Fairness for Working Families Act HR3925 - SHELTER Act HR5565 - Banana Stand Money Act S85 - SALT Deductibility Act S804 - SALT Deduction Fairness Act Communications with the House of Representatives re: the SALT cap. Section 199A Deduction HR1381 - Main Street Certainty Act HR5376 - Inflation Reduction Act of 2022S480 - Main Street Tax Certainty Act S2387, the Small Business Tax Fairness Act Communications with the House Ways & Means Committee and the Senate Finance Committee opposing the repeal of the Section 199A Qualified Business Interest Deduction. Opportunity Zones HR970 - The Opportunity Zone Extension Act HR4177 - The Expanding Opportunity Zones Act Communications with the U.S. Senate in support of extending the Qualified Opportunity Zone program deadlines. Section 1031 Like-Kind Exchanges HR1742 - The Real Estate Exchange Fairness Act HR5376 - Inflation Reduction Act of 2022 Conversations with the U.S. House of Representatives and the U.S. Senate in support of retaining Section 1031 Like-Kind Exchanges. Neighborhood Homes Investment Act S98 - The Neighborhood Homes Investment Act HR2143 - The Neighborhood Homes Investment Act Conversations with the U.S. House of Representatives and the U.S. Senate supporting bolstering the NHIA. First time homebuyer tax credits HR2863 - First-Time Homebuyer Act of 2021 Conversations with the U.S. House of Representatives and the U.S. Senate in support of a first-time homebuyer tax credit. Low Income Housing Tax Credit HR4204, the Affordable House Act Conversations with the U.S. House of Representatives and the U.S. Senate in support of bolstering the Low Income Housing Tax Credit. Increasing Housing Supply HR2617 - Consolidated Appropriations Act, 2023 Conversations with the U.S. House of Representatives and the U.S. Senate in support of tax incentives to create more housing supply and more housing options for first-time homebuyers. Communications with the House and Senate regarding legislative proposals to convert underused/abandoned commercial properties into residential real estate Estate Tax Reform HR1712 - Death Tax Repeal Act HR5376 - Inflation Reduction Act of 2022 S617 - Death Tax Repeal Act Affordable Housing HR2573 - Affordable Housing Credit Improvement Act of 2021 HR2617 - Consolidated Appropriations Act, 2023 HR2768 - American Housing and Economic Mobility Act HR5376 - Inflation Reduction Act of 2022 S1136 - Affordable Housing Credit Improvement Act of 2021 S1368 - American Housing and Economic Mobility Act Commercial Real Estate Conversion Tax Credits HR4759 - The Revitalizing Downtowns Act S2511 - The Revitalizing Downtowns Act Discussions with the House and Senate regarding policy proposals to encourage converting underutilized commercial real estate into residential housing units. Carried Interest HR1068 - The Carried Interest Fairness Act HR5376 - Inflation Reduction Act of 2022 S1598 - Carried Interest Fairness Act of 2021 Capital Gains HR9015 - More Homes on the Market Act Discussions regarding proposed legislation, the Sensible Taxation and Equity Promotion (STEP) Act. Communications with the House and Senate opposing increases to the capital gains tax rate and taxing of unrealized capital gains Energy Efficiency Tax Incentives HR2346 - E-QUIP Act HR5376 - Inflation Reduction Act of 2022 Tax Credit for Disaster Mitigation/Expenses S1805 - Shelter Act REITs HR3123 - Parity for Non-Traded REITs Act Partnership Tax Rules Communications with the Senate Finance Committee about proposed legislation to change the partnership tax rules Tax Reform HR2275 - The Mortgage Debt Tax Forgiveness Act HR2276 - the Mortgage Insurance Tax Deduction Act HR2286 - A bill to treat property transferred by gift or at death as sold for fair market value HR5376 - Inflation Reduction Act of 2022 S126 - A bill to amend the Internal Revenue Code of 1986 to make permanent the individual tax provisions of the tax reform law, and for other purposes. Communications with the House and Senate opposing changes to the "step-up in basis" provision and in support of increasing the section 121 IRC exclusion. Infrastructure Proposals HR5376 - Inflation Reduction Act of 2022 Communications with the House and Senate regarding the pay-fors in the American Rescue Plan and the American Jobs Plan The Historic Tax Credit HR2266 - The Historic Tax Credit Growth and Opportunity Act HR2294 - The Historic Tax Credit Growth and Opportunity Act COVID-19 Recovery Communications with the U.S. House of Representatives and the U.S. Senate regarding the Coronavirus Recovery Fund Housing Tax Credit Statute Adjustment. Depreciation of Real Property HR7229 - Renewing Investment in American Workers and Supply Chains Act Tax incentives for housing Discussions with the House and Senate regarding policy proposals to give tax incentives for the production of residential units. Net Investment Income Tax Communications with Congressional leadership opposing the 3.8% net investment income tax. Middle Income Housing Tax Credit Discussions with the House and Senate regarding creating a "middle income housing tax credit." Mortgage Insurance Tax Deduction Conversations with the Senate Finance Committee and the House Ways and Means Committee regarding mortgage insurance tax deduction policies.

Client expense: $25,260,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R.7990, Healthy Homes Act, concerning low income housing tax credit reforms related to addressing social determinants of health; H.R. 5376, provisions relating to low income and affordable housing; S.1136/H.R.2573, Affordable Housing Credit Improvement Act of 2021; H.R.5376, provisions relating to low income and affordable housing; H.R.2617, the Consolidated Appropriations Act, 2023.

Client expense: Not reported · Firm income: $40,000

Government targets: HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), SENATE

Lobbied on the importance of building codes in affordable housing. No bill number. Lobbied for the Green Neighborhoods Act. (H.R. 4155). Lobbied for the reintroduction of the Yes In My Backyard Act (H.R. 3198/ S. 1614) Lobbied for the Housing Supply and Affordability Act (H.R. 2126/ S. 902) Lobbied for the Build More Housing Near Transit Act (H.R. 4307) Lobbied for the Affordable Housing Credit Improvement Act (H.R. 2573/ S. 1136) Lobbied for the Neighborhood Home Investment Act (S. 98/H.R. 2143)

Client expense: $240,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), SENATE

HR 2573/S. 1136 To amend the Internal Revenue Code to reform the low-income housing credit.

Client expense: $200,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Issues related to the Death Tax Repeal Act of 2021 (H.R.1712/S.617); Issues related to the nations shortage of affordable housing and the Affordable Housing Credit Improvement Act of 2021 (H.R.2573/S.1136)

Client expense: Not reported · Firm income: $40,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Issues related to the nations shortage of affordable housing and the Affordable Housing Credit Improvement Act (H.R.2573/S.1136)

Client expense: Not reported · Firm income: $40,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

S 1136 Affordable Housing Credit Act HR 2573 Affordable Housing Credit Act

Client expense: $180,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

HR 2573 and S 1136 Affordable Housing Credit Improvement Act HR 848 Growing Renewable Energy and Efficiency Now (Green) Act of 2021

Client expense: $180,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

P.L. 117-328: Consolidated Appropriations Act, 2023, This bill provides appropriations to federal agencies for the remainder of FY2023, provides supplemental appropriations for disaster relief and to support Ukraine, extends several expiring authorities, and modifies or establishes various programs that address a wide range of policy areas. The bill includes the 12 regular appropriations bills that fund federal agencies for FY2023. Signed by the President on December 29, 2022. PL. 117-169 Inflation Reduction Act of 2022. This act provides funding to HUD for loans and grants. The loans and grants must fund projects that address affordable housing and climate change issues. It also provides funding, which shall remain available through FY2028, for energy and water benchmarking of eligible property along with associated data analysis and evaluation at the property. Eligible property includes low-income housing or housing for the elderly or disabled. The act provides funding to the Environmental Protection Agency (EPA) to establish a greenhouse gas reduction fund and to support several programs that provide financial incentives to reduce greenhouse gas emissions and other air pollution emissions. The act extends through 2034 the tax credit for residential clean energy, modifies the phaseout for such credit, and extends the credit to include qualified battery storage technology expenditures. The act modifies the tax deduction for energy-efficient commercial buildings to revise the maximum amount of such deduction and energy efficiency requirements for such buildings. The act extends the new energy-efficient home tax credit through 2032. It increases the credit to allow a $2,500 credit for new homes that meet certain Energy Star efficiency standards and a $5,000 credit for new homes that are certified as zero-energy ready homes and further allows a credit for energy-efficient multifamily dwellings. LIHTC Financing Enabling Long-term Investment in Neighborhood Excellence Act or the LIFELINE Act (H.R.7078). This bill permits states, territories, and Tribal governments to use State and Local Fiscal Recovery Funds to finance qualified low-income housing projects (i.e., projects for residential rental property meeting certain income tests) with loans obligated by December 31, 2024, and having maturities of 30 or more years. Introduced by Rep. Alma Adams (D-NC). S.2820 - Decent, Affordable, Safe Housing for All (DASH) Act. This bill proposes a generational investment to house all people experiencing homelessness, tackle the housing affordability crisis, and expand homeownership opportunities for young people by creating a new down payment tax credit for first-time homebuyers. Specifically, the bill would: 1. House everyone experiencing homelessness within five years, and prioritize children and families for placement, by issuing them a Housing Choice Voucher; 2. Expand health, child care, financial and nutrition services for families and individuals to stay on a path to unassisted housing stability; 3. Greatly increase the production of deeply affordable housing for families exiting homelessness and for low-income households by investing in effective, efficient existing programs and reforming the tax code to strengthen the Low-Income Housing Tax Credit (LIHTC) to weather the economic fallout from the pandemic, as well as establish a Renter's Tax Credit and Middle-Income Housing Tax Credit (MIHTC); 4. Invest in homeownership in underserved communities and for low income Americans with new tax credits and downpayment assistance, including a down payment tax credit for first-time homebuyers; and 5. Incentivize environmentally-friendly development strategies and land use policies. H.R.5376 - Build Back Better Act. This bill provides funding, establishes programs, and otherwise modifies provisions relating to a broad array of areas, including affordable housing, education, labor, child care, health care, taxes, immigration, and the environment. The bill provides funding for tribal infrastructure, housing, environmental, and health programs. Affordable Housing Credit Improvement Act (AHCIA) of 2021 (S. 1136 and H.R. 2573). The bill represents comprehensive legislation to expand and strengthen our nations primary tool for developing and preserving affordable housing. The bill would increase Housing Credit allocations by 50 percent over current levels to help meet the vast and growing need for affordable housing; enable the Housing Credit to better serve hard-to-reach communities including rural, Native American, high-poverty, and high-cost communities, as well as extremely low-income and formerly homeless tenants; and make the Housing Credit a more effective tool for preserving the nations existing affordable housing inventory by simplifying and aligning rules. Public Law No: 117-2, American Rescue Plan Act, 2021. This bill provides additional relief to address the continued impact of COVID-19 (i.e., coronavirus disease 2019) on the economy, public health, state and local governments, individuals, and businesses. Signed into law by President Biden on March 11, 2021. Public Law 116-260, Consolidated Appropriations Act, 2021. An act making consolidated appropriations for the fiscal year ending September 30, 2021, providing coronavirus emergency response and relief, and for other purposes. An omnibus spending bill consisting of all 12 fiscal year 2021 appropriations bills ($1.4 trillion), coronavirus relief ($900 billion), and authorizations. Signed into law by President Donald Trump on December 27, 2020. All Policies related to Tax Reform; all provisions related to the Low Income Housing Tax Credit, Opportunity Zones, and Average Income Test All policies relating to the Low Income Housing Tax Credit All policies relating to the Unrelated Business Income Tax (UBIT) All policies relating to the Low Income Housing Tax Credit in response to the Coronavirus All policies relating to the Paycheck Protection Program (PPP) All policies relating to President Biden's Building Back Better Agenda, LIHTC-related provisions All Policies related to State and Local Fiscal Recovery Funds

Client expense: $130,000 · Firm income: Not reported

Government targets: Agriculture, Dept of (USDA), HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), Internal Revenue Service (IRS), SENATE, Treasury, Dept of

H.R. 6833, Continuing Resolution for FY2023 spending legislation (community funding projects and earmarks) The Affordable Housing Tax Credit Improvement Act (S. 1136/HR 2573) The Inflation Reduction Act (include housing spending) FY2023 Consolidated Appropriations Act (housing spending)

Client expense: Not reported · Firm income: $20,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R. 6833, Continuing Resolution for FY2023 spending legislation (community funding projects and earmarks) The Affordable Housing Tax Credit Improvement Act (S. 1136/HR 2573) The Inflation Reduction Act (include housing spending)

Client expense: Not reported · Firm income: $20,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R. 6833, Continuing Resolution for FY2023 spending legislation (community funding projects and earmarks) The Affordable Housing Tax Credit Improvement Act (S. 1136/HR 2573) The Inflation Reduction Act (include housing spending) FY2023 Consolidated Appropriations Act (housing spending)

Client expense: Not reported · Firm income: $20,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Proposals impacting the low-income housing tax credit. Proposals related to the tax treatment of federally declared disasters. H.R. 2573/S. 1136, Affordable Housing Credit Improvement Act. Low- and Middle-income housing tax credit. Affordable housing. Private activity bonds. H.R. 5376, Inflation Reduction Act. H.R. 3684, Infrastructure Investment and Jobs Act. S. 4103, Helping Parents Save for College. S. 4400, College Savings Recovery Act. H.R. 2617, Consolidated Appropriations Act of 2023, SECURE 2.0 Act of 2022.

Client expense: Not reported · Firm income: $20,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Low-Income Housing Tax Credit; Multifamily Housing Bonds; Affordable Housing; Affordable Housing Credit Improvement Act (S. 1136/H.R. 2573); Consolidated Appropriations Act, 2023 (H.R. 2617).

Client expense: $100,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), Internal Revenue Service (IRS), SENATE, Treasury, Dept of

Low-Income Housing Tax Credit; Affordable Housing Credit Improvement Act (S. 1136/H.R. 2573); Consolidated Appropriations Act, 2023 (H.R.2617).

Client expense: $100,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Low-Income Housing Tax Credit; Multifamily Housing Bonds; Affordable Housing; Affordable Housing Credit Improvement Act (S. 1136/H.R. 2573); Consolidated Appropriations Act, 2023 (H.R. 2617).

Client expense: $100,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), Internal Revenue Service (IRS), SENATE, Treasury, Dept of

FY 2023 appropriations for HUDs Capital Fund Program, the Community Development Block Grant program and the HOME Investment Partnerships program. American Jobs Plan, infrastructure funding Legislation to reauthorize federal surface transportation programs. H.R.1620, the Violence Against Women Reauthorization Act of 2021, to extend and improve these programs. H.R. 6, the American Dream and Promise Act of 2021, to create a path to citizenship for undocumented immigrants who were brought to the United States as children. H.R. 1603, the Farm Workforce Modernization Act of 2021, which would allow undocumented farmworkers to earn legal status. S. 264, the Dream Act of 2021, H.R. 973, the Central Coast Heritage Protection Act, H.R. 455, the California Clean Coast Act, Funding for transitioning to zero-emission vehicles FY 2023 Funding for PILT FY 2023 funding for state and local law enforcement assistance FY 2023 Funding for homeless Assistance Community Project Funding The Affordable Housing Redevelopment Act The Fighting Homelessness Through Services and Housing Act H.R. 602 Relaunching America's Workforce Act FY 2023 Energy and Water Appropriations Act U.S. Army Corps of Engineers funding FY 2023 Interior, Environment and Related Agencies Appropriations Act; Payments in Lieu of Taxes program, EPAs State and Local Air Quality programs, Land and Water Conservation Fund, National Endowment for the Arts, and Cleanup/removal of abandoned oil and gas wells Electric Vehicle charging infrastructure federal efforts to protect the Western Monarch Butterfly S. 1855, the Wildfire Emergency Act State and Local Tax Deduction S. 1459, the Protecting Unique and Beautiful Landscapes by Investing in California (PUBLIC) Lands Act Build Back Better budget reconciliation legislation - public health, transportation, climate change, housing, broadband, and local government funding S. 2689, the Ensuring Medicaid Continuity for Children in Foster Care Act of 2021. H.R. 2611, the Increasing Behavioral Health Treatment Act. S. 1459, the Protecting Unique and Beautiful Landscapes by Investing in California Lands (PUBLIC Lands) Act. S. 3011, Recovery Aid Flexibility. S. 596, Treat and Reduce Obesity Act H.R.5376, Build Back Better Act FY23 Community Project Funding FY23 Congressionally Directed Spending FY 2023 Labor, Health and Human Services funding for public health and prevention, mental health programs and substance abuse prevention. Reauthorization and expansion of mental health programs Older Americans Act Funding Pandemic relief and prevention Inflation Reduction Act Child Nutrition Programs Central Coast Heritage Protection Act Clean Energy Programs FY23 Omnibus Appropriations Act, Community Project funding and Congressionally Directed Spending for County of Ventura Projects. COVID-19 Public Health Emergency FEMA Presidentially declared nationwide emergency and major disaster declaration for the COVID-19 pandemic The Restoring Hope for Mental Health and Well-Being Act The Prepare for and Respond to Existing Viruses, Emerging New Threats, and Pandemics Act (PREVENT Pandemics Act) Water Resources Development Act reauthorization, Lower Mission Creek Project S. 1136/H.R. 2573, the Affordable Housing Credit Improvement Act, expand the Low-Income Housing Tax Credit, S. 2405, the Commitment to Veteran Support and Outreach Act S. 4295, the Financial Data Transparency Act of 2022, provisions that would require the Municipal Securities Rulemaking Board to establish uniform data standards for local governments H.R. 8450, the Healthy Meals, Healthy Kids Act, U.S. Department of the Treasury released guidance for the Local Assistance and Tribal Consistency Fund (LATCF), Transportation Grants the Inflation Reduction Act of 2022, provisions for Prescription drug pricing reform, investment in energy security and climate change, and expanded Affordable Care Act premium subsidies FY 2023 Labor, Health and Human Services Appropriations bill, Older Americans Act (OAA) program funding

Client expense: Not reported · Firm income: $24,000

Government targets: Army, Dept of (Corps of Engineers), Bureau of Reclamation, Federal Emergency Management Agency (FEMA), HOUSE OF REPRESENTATIVES, SENATE, Transportation, Dept of (DOT), Treasury, Dept of

FY 2023 appropriations for HUDs Capital Fund Program, the Community Development Block Grant program and the HOME Investment Partnerships program. American Jobs Plan, infrastructure funding H.R. 6, the American Dream and Promise Act of 2021,to create a path to citizenship for undocumented immigrants who were brought to the United States as children. H.R. 1603, the Farm Workforce Modernization Act of 2021, which would allow undocumented farmworkers to earn legal status. S. 264, the Dream Act of 2021, Legislation to enact a revenue-neutral carbon tax HR 613, the SALT Deductibility Act, H.R.202, the SALT Fairness Act of 2021. H.R. 1075, the Rim of the Valley Corridor Preservation Act, H.R. 973, the Central Coast Heritage Protection Act, H.R. 455, the California Clean Coast Act, Funding for transitioning to zero-emission vehicles FY 2023 Funding for PILT FY 2023 funding for state and local law enforcement assistance FY 2023 Funding for homeless Assistance Community Project Funding The Affordable Housing Redevelopment Act The Fighting Homelessness Through Services and Housing Act S. 127 the Build America's Libraries Act FY 2022 Energy and Water Appropriations Act U.S. Army Corps of Engineers funding Federal Truck Size Regulations H.R. 3684, the Investing in a New Vision for the Environment and Surface Transportation in America Act (INVEST in America Act) FY 2023 Interior, Environment and Related Agencies Appropriations Act; Payments in Lieu of Taxes program, EPAs State and Local Air Quality programs, Land and Water Conservation Fund, National Endowment for the Arts, and Cleanup/removal of abandoned oil and gas wells Broadband funding Electric Vehicle charging infrastructure federal efforts to protect the Western Monarch Butterfly S. 1855, the Wildfire Emergency Act State and Local Tax Deduction S. 1459, the Protecting Unique and Beautiful Landscapes by Investing in California (PUBLIC) Lands Act H.R.1620, the Violence Against Women Reauthorization Act of 2021 Revenue-neutral carbon tax H.R. 3684, the Infrastructure Investment and Jobs Act - transportation, climate change, housing, broadband, and local government funding Build Back Better budget reconciliation legislation - public health, transportation, climate change, housing, broadband, and local government funding S. Con. Res. 14, the FY 2022 Budget Resolution - public health, transportation, climate change, housing, broadband, and local government funding the Surface Transportation Reauthorization Act of 2021 (STRA), S. 2689, the Ensuring Medicaid Continuity for Children in Foster Care Act of 2021. H.R. 2611, the Increasing Behavioral Health Treatment Act. S. 1459, the Protecting Unique and Beautiful Landscapes by Investing in California Lands (PUBLIC Lands) Act. Federal Truck Size Regulations H.R. 2307, revenue neutral carbon fee. S. 3011, Recovery, Infrastructure, and Disaster Flexibility Act FY23 Community Project Funding FY23 Congressionally Directed Spending FY 2023 Labor, Health and Human Services Appropriations: Older Americans Act programs, Public Health and prevention, Safety net hospitals, Ryan White HIV/Aids, Mental Health, Substance Abuse. Federal Gun Control Federal funding for researching firearms violence Pandemic relief and prevention programs Mental Health program reauthorization H.R. 6823 Elizabeth Dole Home and Community Services for Veterans and Caregivers Act S. 2372 Recovering America's Wildlife Act FY23 Omnibus Appropriations Act, Community Project funding and Congressionally Directed Spending for County of Ventura Projects. COVID-19 Public Health Emergency FEMA Presidentially declared nationwide emergency and major disaster declaration for the COVID-19 pandemic The Restoring Hope for Mental Health and Well-Being Act The Prepare for and Respond to Existing Viruses, Emerging New Threats, and Pandemics Act (PREVENT Pandemics Act) Water Resources Development Act reauthorization, Santa Paula Creek Project S. 1136/H.R. 2573, the Affordable Housing Credit Improvement Act, expand the Low-Income Housing Tax Credit, S. 2405, the Commitment to Veteran Support and Outreach Act S. 4295, the Financial Data Transparency Act of 2022, provisions that would require the Municipal Securities Rulemaking Board to establish uniform data standards for local governments H.R. 8450, the Healthy Meals, Healthy Kids Act, U.S. Department of the Treasury released guidance for the Local Assistance and Tribal Consistency Fund (LATCF), Transportation Grants the Inflation Reduction Act of 2022, provisions for Prescription drug pricing reform, investment in energy security and climate change, and expanded Affordable Care Act premium subsidies FY 2023 Labor, Health and Human Services Appropriations bill, Older Americans Act (OAA) program funding

Client expense: Not reported · Firm income: $50,000

Government targets: Army, Dept of (Corps of Engineers), Executive Office of the President (EOP), Federal Emergency Management Agency (FEMA), HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of