LIFELINE Act

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

Affordable Housing Homelessness LIFELINE Act (H.R. 7078 and S.4181) Affordable Housing Credit Improvement Act of 2021 (S. 2573)

Client expense: Not reported · Firm income: $7,500

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

Housing tax incentives, energy tax incentives (25C, 25D, 45L, 179D), the Low Income Housing Tax Credit (H.R. 3077 and S.1703), H.R. 3684, the INVEST in America Act, Build Back Better Act/reconciliation, H.R. 7078, Inflation Reduction Act, deductibility of private mortgage insurance premiums

Client expense: $670,000 · Firm income: Not reported

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

H.R. 8254 Financial Services Appropriations FY 2023 H.R.8294 T-HUD Appropriations FY 2023 H.R.7327 Protecting Rural Renters Act of 2022 S.4181 LIFELINE Act H.R.7078 LIFELINE Act H.R. 2617 Consolidated Appropriations Act, 2023

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

- HUD FY 2023 Appropriations - Down Payment Assistance Program - Low-Income Housing Tax Credit (Housing Credit) - Private Activity Tax Exempt Bonds (PABs) - Community Development Block Grant (CDBG) - HOME Investment Partnerships Program (HOME) - FFB and Risk Sharing Program - Enact Fair Housing Policies - Organization for Economic Cooperation and Development (OECD) global minimum tax agreement - Coronavirus State and Local Fiscal Recovery Fund (SLFRF) - H.R.7078, the LIHTC Financing Enabling Long-term Investment in Neighborhood Excellence Act or the LIFELINE Act. - Federal Housing Finance Agency (FHFA) - Housing Trust Fund (HTF) and Capital Magnet Fund (CMF) - S. 4872 - Strategy and Investment in Rural Housing Preservation Act of 2022 - S. 4789 - Expand Housing Opportunities Act - Inflation Reduction Act - HUD Green and Resilient Retrofit Program

Client expense: Not reported · Firm income: $30,000

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

- HUD FY 2023 Appropriations - Down Payment Assistance Program - Low-Income Housing Tax Credit (Housing Credit) - Private Activity Tax Exempt Bonds (PABs) - Community Development Block Grant (CDBG) - HOME Investment Partnerships Program (HOME) - FFB and Risk Sharing Program - Enact Fair Housing Policies - Organization for Economic Cooperation and Development (OECD) global minimum tax agreement - Coronavirus State and Local Fiscal Recovery Fund (SLFRF) - H.R.7078, the LIHTC Financing Enabling Long-term Investment in Neighborhood Excellence Act or the "LIFELINE Act. - Federal Housing Finance Agency (FHFA) - Housing Trust Fund (HTF) and Capital Magnet Fund (CMF) - S. 4872 - Strategy and Investment in Rural Housing Preservation Act of 2022 - S. 4789 - Expand Housing Opportunities Act - Inflation Reduction Act - HUD Green and Resilient Retrofit Program

Client expense: Not reported · Firm income: $30,000

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

- FY 2023 Appropriations - Down Payment Assistance Program - Low-Income Housing Tax Credit (Housing Credit) - Private Activity Tax Exempt Bonds (PABs) - Community Development Block Grant (CDBG) - HOME Investment Partnerships Program (HOME) - FFB and Risk Sharing Program - Enact Fair Housing Policies - Organization for Economic Cooperation and Development (OECD) global minimum tax agreement - Coronavirus State and Local Fiscal Recovery Fund (SLFRF) - H.R.7078, the LIHTC Financing Enabling Long-term Investment in Neighborhood Excellence Act or the LIFELINE Act. - Federal Housing Finance Agency (FHFA) - Housing Trust Fund (HTF) and Capital Magnet Fund (CMF) - S. 4872 - Strategy and Investment in Rural Housing Preservation Act of 2022 - S. 4789 - Expand Housing Opportunities Act - Inflation Reduction Act - HUD Green and Resilient Retrofit Program

Client expense: Not reported · Firm income: $30,000

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

- HUD FY 2023 Appropriations - Down Payment Assistance Program - Low-Income Housing Tax Credit (Housing Credit) - Private Activity Tax Exempt Bonds (PABs) - Community Development Block Grant (CDBG) - HOME Investment Partnerships Program (HOME) - FFB and Risk Sharing Program - Enact Fair Housing Policies - Organization for Economic Cooperation and Development (OECD) global minimum tax agreement - Coronavirus State and Local Fiscal Recovery Fund (SLFRF) - H.R.7078, the LIHTC Financing Enabling Long-term Investment in Neighborhood Excellence Act or the LIFELINE Act. - Federal Housing Finance Agency (FHFA) - Housing Trust Fund (HTF) and Capital Magnet Fund (CMF) - S. 4872 - Strategy and Investment in Rural Housing Preservation Act of 2022 - S. 4789 - Expand Housing Opportunities Act - Inflation Reduction Act - HUD Green and Resilient Retrofit Program

Client expense: Not reported · Firm income: $30,000

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

- HUD FY 2023 Appropriations - Down Payment Assistance Program - Low-Income Housing Tax Credit (Housing Credit) - Private Activity Tax Exempt Bonds (PABs) - Community Development Block Grant (CDBG) - HOME Investment Partnerships Program (HOME) - FFB and Risk Sharing Program - Enact Fair Housing Policies - Organization for Economic Cooperation and Development (OECD) global minimum tax agreement - Coronavirus State and Local Fiscal Recovery Fund (SLFRF) - H.R.7078, the LIHTC Financing Enabling Long-term Investment in Neighborhood Excellence Act or the "LIFELINE Act. - Federal Housing Finance Agency (FHFA) - Housing Trust Fund (HTF) and Capital Magnet Fund (CMF) - S. 4872 - Strategy and Investment in Rural Housing Preservation Act of 2022 - S. 4789 - Expand Housing Opportunities Act - Inflation Reduction Act - HUD Green and Resilient Retrofit Program

Client expense: Not reported · Firm income: $30,000

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

- FY 2023 Appropriations - Down Payment Assistance Program - Low-Income Housing Tax Credit (Housing Credit) - Private Activity Tax Exempt Bonds (PABs) - Community Development Block Grant (CDBG) - HOME Investment Partnerships Program (HOME) - FFB and Risk Sharing Program - Enact Fair Housing Policies - Organization for Economic Cooperation and Development (OECD) global minimum tax agreement - Coronavirus State and Local Fiscal Recovery Fund (SLFRF) - H.R.7078, the LIHTC Financing Enabling Long-term Investment in Neighborhood Excellence Act or the LIFELINE Act. - Federal Housing Finance Agency (FHFA) - Housing Trust Fund (HTF) and Capital Magnet Fund (CMF) - S. 4872 - Strategy and Investment in Rural Housing Preservation Act of 2022 - S. 4789 - Expand Housing Opportunities Act - Inflation Reduction Act - HUD Green and Resilient Retrofit Program

Client expense: Not reported · Firm income: $30,000

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

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 117-180 - Making continuing appropriations for fiscal year 2023, and for other purposes. For FY23, this bill temporarily extends fiscal year (FY) 2022 spending levels until Dec. 16. In addition to extending federal funding, the CR includes $17 billion in emergency spending primarily for Ukraine, and $19 billion for the Federal Emergency Management Agency (FEMA) for disaster relief. This funding would be used to help address the impacts of Hurricanes Fiona and Ian, as well as other natural disasters. President Biden signed into law on Sept. 30. 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 dwelling. H.R.8866 - Expanding Service Coordinators Act. This bill would make critical investments and reforms to expand the service coordinator programs to serve more people in federally assisted housing. Specifically, the bill would: Authorize an additional $100 million each year for five years to the Multi-Family Housing Service Coordinator program; Authorize a total $45 million each year for five years for the Resident Opportunity and Self-Sufficiency service coordinator program; establish a training set aside to improve capacity and retention of service coordinators; extend qualification for the Public Service Loan Forgiveness program to service coordinators. H.R.8778 - Home Internet Accessibility Act. This bill would gather information on all federally assisted housing that lacks the capacity to support broadband service and will task HUD with producing an action plan, including retrofitting, to close Internet service gaps across our country. H.R.7981/S.4442 - Public and Federally Assisted Housing Fire Safety Act of 2022. This bill requires each unit of federally assisted housing to contain hardwired or tamper-resistant battery-powered smoke alarms. The bill also requires the Department of Housing and Urban Development to complete a national campaign to educate the public about health and safety requirements and how to properly use safety features in housing. Public Law No: 117-103 - Consolidated Appropriations Act, 2022. This bill provides appropriations to federal agencies for the remainder of FY2022, provides supplemental appropriations for activities to support Ukraine, and modifies or establishes various programs that address a wide range of policy areas. In addition, the bill reauthorizes several expiring programs and authorities, including the National Flood Insurance Program; and programs and activities under the Violence Against Women Act (VAWA) that seek to prevent and respond to domestic violence, sexual assault, dating violence, and stalking. The bill also includes several additional provisions that address a wide range of policy issues and programs, including: fraud targeting the elderly; and carbon monoxide poisoning. Bill was signed into law by President Biden on March 15, 2022. Choice in Affordable Housing Act (H.R.6880/ S.1820). This bill establishes programs and grants to incentivize landlord participation in the Housing Choice Voucher program. The bill authorizes HUD to provide one-time incentive payments to landlords, security deposit payments, bonuses to public housing agencies that employ landlord liaisons, and amounts for other recruitment purposes. Additionally, the bill allows dwelling units to meet HCV program inspection requirements by satisfactory inspection through participation in other housing programs. Landlords not yet participating in a low-income housing assistance program may request inspection by a public housing agency to determine whether the dwelling meets requirements prior to selection by a tenant. Finally, HUD must expand the use of an alternative method of calculating fair market rent for purposes of the HCV program. Introduced by Rep. Emanuel Cleaver (D-MO) and Sen. Chris Coons (D-DE). 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). Public Law No: 117-70 - Further Extending Government Funding Act. This bill provides continuing FY2022 appropriations for federal agencies, provides supplemental appropriations, and extends several expiring authorities. Specifically, the bill provides continuing FY2022 appropriations to federal agencies through the earlier of February 18, 2022, or the enactment of the applicable appropriations act. It is known as a continuing resolution (CR) and prevents a government shutdown that would otherwise occur if the FY2022 appropriations bills have not been enacted when the existing CR expires on December 3, 2021. The CR funds most programs and activities at the FY2021 levels with several exceptions that provide funding flexibility and additional appropriations for various programs. In addition, the bill provides supplemental appropriations to several federal agencies for activities related to the evacuees from Afghanistan. Introduced by Rep. DeLauro, Rosa L. (D-CT). Bill was signed into law by President Biden on Dec. 23, 2021. H.R.4502 - This bill provides FY2022 appropriations to the Departments of 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. Introduced by Rep. DeLauro, Rosa L. (D-CT). PL 117-43 Extending Government Funding and Delivering Emergency Assistance Act. This bill provides continuing FY2022 appropriations to federal agencies through the earlier of December 3, 2021, or the enactment of the applicable appropriations act. The continuing resolution funds most programs and activities at the FY2021 levels with several exceptions that provide funding flexibility and additional appropriations for various programs. In addition, the bill provides supplemental appropriations to several federal agencies for activities related to natural disasters and evacuees from Afghanistan. The bill also extends several expiring programs and authorities, including, the National Flood Insurance Program, the Temporary Assistance for Needy Families (TANF) program, the National Advisory Committee on Institutional Quality and Integrity, the United States Advisory Commission on Public Diplomacy, the temporary scheduling order issued by the Drug Enforcement Administration to place fentanyl-related substances in Schedule I of the Controlled Substances Act, and the authority for the Department of Agriculture to waive certain requirements for the school meal programs. 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. 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.5196 - Expediting Assistance to Renters and Landlords Act of 2021. This bill proposes to expedite the application for payment of rental arrearages by landlords and mandate tenant access to financial assistance, and for other purposes. S.2578 - A bill to extend the moratorium on residential evictions, and for other purposes. This bill proposes to extend the moratorium on residential evictions, and for other purposes. H.R.4497 - Housing is Infrastructure Act of 2021. This bill would provide a historic investment of over $600 billion in equitable, affordable, and accessible housing infrastructure. This generational investment would address our national eviction and homelessness crises, increase access to homeownership, and support a robust recovery from the pandemic by creating jobs, addressing climate change, and improving housing stability for struggling households. H.R.4496 - Ending Homelessness Act of 2021. This bill would end homelessness and significantly reduce poverty in America by transforming the Housing Choice Voucher program into a federal entitlement so that every household who qualifies for assistance would receive it. S.1820 - Choice in Affordable Housing Act of 2021. This bill would increase the number of landlords participating in the Housing Choice Voucher program. The bill provides $500 million to create the Herschel Lashkowitz Housing Partnership Fund; uses neighborhood-specific data to set rents fairly, and reduces inspection delays. 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. Public Law No: 116-136 (03/27/2020), Coronavirus Aid, Relief, and Economic Security Act or the CARES Act. This bill responds to the COVID-19 (i.e., coronavirus disease 2019) outbreak and its impact on the economy, public health, state and local governments, individuals, and businesses. DIVISION A establishes the Paycheck Protection Program to provide eight weeks of cash flow assistance to small businesses through federally guaranteed loans to employers who maintain their payroll. (Sec. 4024) Tenants in specified federally backed housing (e.g., federally subsidized housing, rural voucher-program housing, and housing financed through federally backed mortgages) may not be evicted for 120 days beginning on the date of enactment of this subtitle. A lessor that serves an eviction notice after this time period must provide the tenant with 30 days to vacate. Furthermore, during the 120-day moratorium, tenants may not be charged late fees, penalties, or other charges for nonpayment of rent. This title provides FY2020 appropriations for the HUD. All policies related to Resident-Centered Property Management All policies related to Inflation Reduction Act All policies related to State and Local Fiscal Recovery Funds All policies relating to Centers for Disease Control and Prevention (CDC), Department of Health and Human Services (HHS), Notice to Temporary Halt in Residential Evictions To Prevent the Further Spread of COVID-19 All policies relating to the Presidents Executive Order on Fighting the Spread of COVID-19 by Providing Assistance to Renters and Homeowners All policies relating to Depts. of HUD, Treasury, USDA, Homeland Security, SBA, and Labor coronavirus response efforts All policies relating to access to the Paycheck Protection Program (PPP) All policies relating to Depts. of HUD, Treasury, and USDA Disaster Recovery efforts in PDD-areas All policies relating to A Budget for Americas Future - Presidents Budget FY 2021 All policies relating to HUD Real Assessment Estate Center (REAC) and physical inspections All policies relating to Housing Assistance Payments (HAP) All policies relating to Project Rental Assistance (PRACs) All policies relating to Fair Market Rents and Small Area Fair Market Rents All policies relating to HOME Investment Partnership Program All policies relating to Community Development Block Grant All policies relating to HUD Rental Assistance (Housing Choice Vouchers and Project-Based Rental Assistance) Programs All policies relating to USDA-RHS Section 521 Rental Assistance Program, Section 515 Rural Rental Housing, Section 542 Rural Development Voucher, and 538 Guaranteed Rural Rental Housing Program. All policies relating to Management and Occupancy Reviews (MORs) All policies relating to the Rental Assistance Demonstration All policies relating to the Family Self Sufficiency Program All policies relating to Housing Finance Reform All policies relating to Housing and Community Development Act of 1980, including Mixed Immigration status of households All policies relating to Lead-Based Paint All Policies related to the White House Announces Interagency Council on Barriers to Affordable Housing All Policies related to the Fair Housing Act All Policies related to the Foster Youth to Independence initiative All Policies related to the Community Development Block Grant - Disaster Recovery (CDBG-DR) All Policies related to the Inadmissibility on Public Charge Grounds Rule All Policies related to Opportunity Zones All Policies related to the coronavirus pandemic All Policies related to the CARES Act implementation All Policies related to Emergency Rental Assistance Program All Policies related to President Biden's Building Back Better Housing-related Initiatives All Policies related to the Emergency Broadband Benefit Program All Policies related to Disaster Recovery All Policies related to the increase in the price of lumber and supply chain disruption and labor market shortages in the housing industry All Policies related to Ending Homelessness, House America Initiative All policies relating to the FY23 President Budget Request and Appropriations All policies relating to the Biden-Harris Housing Supply Action All policies relating to a Federal Tenant Bill of Rights All policies relating to Rural Housing Preservation

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

Affordable Housing Homelessness LIFELINE Act (H.R. 7078 and S.4181) Affordable Housing Credit Improvement Act of 2021 (S. 2573)

Client expense: Not reported · Firm income: $7,500

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

Affordable Housing Homelessness LIFELINE Act (H.R. 7078 and S. 4181)

Client expense: Not reported · Firm income: Not reported

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

Inflation Reduction Act of 2022 (version released July 27, 2022 as a draft Senate amendment in a nature of a substitute to H.R. 5376), Title 1 -- Committee on Finance, Subtitle A -- Deficit Reduction, Part 1 -- Corporate Tax Reform, Section 10101: Corporate Alternative Minimum Tax; and Part 2 -- Closing the Carried Interest Loophole, Section 10201: Modification of Rules for Partnership Interests Held in Connection with the Performance of Services; Part 3 -- Clean Energy and Efficiency Incentives for Individuals, Section 13303: Energy Efficient Commercial Buildings Deduction and Section 13304: Extension, Increase, and Modifications of New Energy Efficient Home Credit. Build Back Better / Reconciliation Legislation Revenue Raisers Oppose inclusion of proposals in any reconciliation bill to: (1) expand the 3.8 percent net investment income tax to active income; (2) expand and extend a provision limiting the use of excess business losses by non-corporate taxpayers; or (3) modify the tax treatment of carried interest. 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 and Middle-Income Housing Tax Credit S. 2820, 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, to amend the Internal Revenue Code of 1986 to establish a Workforce Housing Tax Credit, and for other purposes, all provisions. H.R. 2573, Affordable Housing Credit Improvement Act of 2021, to reform the low-income housing credit, and for other purposes, all provisions. S. 1136, Affordable Housing Credit Improvement Act of 2021, to reform the low-income housing credit, and for other purposes, all provisions. Extension of Expired Low-Income Housing Tax Credit Allocation Authority: NMHC supports extending the 12.5 increase in LIHTC credit authority available in 2018-2021. H.R. 7078, LIHTC Financing Enabling Long-term Investment in Neighborhood Excellence (LIFELINE) Act, to amend title VI of the Social Security Act to allow coronavirus State and local fiscal recovery funds to be used for low-income housing credit projects, all provisions. S. 4181, LIHTC Financing Enabling Long-term Investment in Neighborhood Excellence (LIFELINE) Act, to amend title VI of the Social Security Act to allow coronavirus State and local fiscal recovery funds to be used for low-income housing credit projects, all provisions. Monitored possible issuance of final rule on Low-Income Housing Tax Credit Average Income Test: Department of the Treasury, Internal Revenue Service, 26 CFR Part 1, REG-119890-18, RIN 1454 BO92, Section 42, Low-Income Housing Credit Average Income Test Regulations. Issues, including FHFA's duty to serve regulatory activities, pertaining to the preservation of LIHTC properties at the end of the 15-year compliance period: nonprofit partners ability to exercise right of first refusal, and the issue of qualified contracts. Monitored mitigation of potential negative impact of OECD Pillar 2 global minimum tax on Low-Income Housing Tax Credit. Bonus Depreciation Support extension of 100 bonus depreciation that expires at the end of 2022. Rehabilitation Tax Credit H.R. 1483, 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. Federal tax policies impacting the conversion of property (e.g., conversion of office buildings into housing) H.R. 4759, 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, 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. Made proposal to enable jurisdictions that reduce zoning barriers to use tax-exempt bonds to encourage repurposing of non-residential properties into housing. Opportunity Zones H.R. 7467, Opportunity Zones Transparency, Extension, and Improvement Act, to amend the Internal Revenue Code of 1986 to modify the rules relating to qualified opportunity zones, and for other purposes, all provisions. S. 4065, Opportunity Zones Transparency, Extension, and Improvement Act, to amend the Internal Revenue Code of 1986 to modify the rules relating to qualified opportunity zones, and for other purposes, all provisions. Support reducing the basis increase necessary to qualify a multifamily rehabilitation project for Opportunity Zone purposes. Energy Tax Incentives New Energy Efficient Homes Credit (IRC Section 45L) NMHC supported making permanent the New Energy Efficient Homes Credit as it existed prior to modification and extension as part of the Inflation Reduction Act. Energy Efficient Commercial Buildings Deduction (IRC Section 179D): NMHC supported expansion of the Energy Efficient Commercial Buildings Deduction to encourage retrofits of existing property, which would help spur investment in energy efficient improvements in older buildings. The Inflation Reduction Act addressed this issue. Taxation of Pass-Through Entities Senator Wyden Pass-Through Reform Discussion Draft, all provisions.

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 Construction innovation 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 Inflation Reduction Act

Client expense: $860,000 · Firm income: Not reported

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

H.R. 8254 Financial Services Appropriations FY 2023 H.R.8294 T-HUD Appropriations FY 2023 H.R.7327 Protecting Rural Renters Act of 2022 S.4181 LIFELINE Act H.R.7078 LIFELINE Act

Client expense: $520,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Housing tax incentives, energy tax incentives (25C, 25D, 45L, 179D), the Low Income Housing Tax Credit (H.R. 3077 and S.1703), H.R. 3684, the INVEST in America Act, Build Back Better Act/reconciliation, H.R. 7078, the LIFELINE Act, Inflation Reduction Act

Client expense: $730,000 · Firm income: Not reported

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

PL 117-180 - Making continuing appropriations for fiscal year 2023, and for other purposes. For FY23, this bill temporarily extends fiscal year (FY) 2022 spending levels until Dec. 16. In addition to extending federal funding, the CR includes $17 billion in emergency spending primarily for Ukraine, and $19 billion for the Federal Emergency Management Agency (FEMA) for disaster relief. This funding would be used to help address the impacts of Hurricanes Fiona and Ian, as well as other natural disasters. President Biden signed into law on Sept. 30. 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 dwelling. H.R.8866 - Expanding Service Coordinators Act. This bill would make critical investments and reforms to expand the service coordinator programs to serve more people in federally assisted housing. Specifically, the bill would: Authorize an additional $100 million each year for five years to the Multi-Family Housing Service Coordinator program; Authorize a total $45 million each year for five years for the Resident Opportunity and Self-Sufficiency service coordinator program; establish a training set aside to improve capacity and retention of service coordinators; extend qualification for the Public Service Loan Forgiveness program to service coordinators. H.R.8778 - Home Internet Accessibility Act. This bill would gather information on all federally assisted housing that lacks the capacity to support broadband service and will task HUD with producing an action plan, including retrofitting, to close Internet service gaps across our country. H.R.7981/S.4442 - Public and Federally Assisted Housing Fire Safety Act of 2022. This bill requires each unit of federally assisted housing to contain hardwired or tamper-resistant battery-powered smoke alarms. The bill also requires the Department of Housing and Urban Development to complete a national campaign to educate the public about health and safety requirements and how to properly use safety features in housing. Public Law No: 117-103 - Consolidated Appropriations Act, 2022. This bill provides appropriations to federal agencies for the remainder of FY2022, provides supplemental appropriations for activities to support Ukraine, and modifies or establishes various programs that address a wide range of policy areas. In addition, the bill reauthorizes several expiring programs and authorities, including the National Flood Insurance Program; and programs and activities under the Violence Against Women Act (VAWA) that seek to prevent and respond to domestic violence, sexual assault, dating violence, and stalking. The bill also includes several additional provisions that address a wide range of policy issues and programs, including: fraud targeting the elderly; and carbon monoxide poisoning. Bill was signed into law by President Biden on March 15, 2022. Choice in Affordable Housing Act (H.R.6880/ S.1820). This bill establishes programs and grants to incentivize landlord participation in the Housing Choice Voucher program. The bill authorizes HUD to provide one-time incentive payments to landlords, security deposit payments, bonuses to public housing agencies that employ landlord liaisons, and amounts for other recruitment purposes. Additionally, the bill allows dwelling units to meet HCV program inspection requirements by satisfactory inspection through participation in other housing programs. Landlords not yet participating in a low-income housing assistance program may request inspection by a public housing agency to determine whether the dwelling meets requirements prior to selection by a tenant. Finally, HUD must expand the use of an alternative method of calculating fair market rent for purposes of the HCV program. Introduced by Rep. Emanuel Cleaver (D-MO) and Sen. Chris Coons (D-DE). 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). Public Law No: 117-70 - Further Extending Government Funding Act. This bill provides continuing FY2022 appropriations for federal agencies, provides supplemental appropriations, and extends several expiring authorities. Specifically, the bill provides continuing FY2022 appropriations to federal agencies through the earlier of February 18, 2022, or the enactment of the applicable appropriations act. It is known as a continuing resolution (CR) and prevents a government shutdown that would otherwise occur if the FY2022 appropriations bills have not been enacted when the existing CR expires on December 3, 2021. The CR funds most programs and activities at the FY2021 levels with several exceptions that provide funding flexibility and additional appropriations for various programs. In addition, the bill provides supplemental appropriations to several federal agencies for activities related to the evacuees from Afghanistan. Introduced by Rep. DeLauro, Rosa L. (D-CT). Bill was signed into law by President Biden on Dec. 23, 2021. H.R.4502 - This bill provides FY2022 appropriations to the Departments of 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. Introduced by Rep. DeLauro, Rosa L. (D-CT). PL 117-43 Extending Government Funding and Delivering Emergency Assistance Act. This bill provides continuing FY2022 appropriations to federal agencies through the earlier of December 3, 2021, or the enactment of the applicable appropriations act. The continuing resolution funds most programs and activities at the FY2021 levels with several exceptions that provide funding flexibility and additional appropriations for various programs. In addition, the bill provides supplemental appropriations to several federal agencies for activities related to natural disasters and evacuees from Afghanistan. The bill also extends several expiring programs and authorities, including, the National Flood Insurance Program, the Temporary Assistance for Needy Families (TANF) program, the National Advisory Committee on Institutional Quality and Integrity, the United States Advisory Commission on Public Diplomacy, the temporary scheduling order issued by the Drug Enforcement Administration to place fentanyl-related substances in Schedule I of the Controlled Substances Act, and the authority for the Department of Agriculture to waive certain requirements for the school meal programs. 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. 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.5196 - Expediting Assistance to Renters and Landlords Act of 2021. This bill proposes to expedite the application for payment of rental arrearages by landlords and mandate tenant access to financial assistance, and for other purposes. S.2578 - A bill to extend the moratorium on residential evictions, and for other purposes. This bill proposes to extend the moratorium on residential evictions, and for other purposes. H.R.4497 - Housing is Infrastructure Act of 2021. This bill would provide a historic investment of over $600 billion in equitable, affordable, and accessible housing infrastructure. This generational investment would address our national eviction and homelessness crises, increase access to homeownership, and support a robust recovery from the pandemic by creating jobs, addressing climate change, and improving housing stability for struggling households. H.R.4496 - Ending Homelessness Act of 2021. This bill would end homelessness and significantly reduce poverty in America by transforming the Housing Choice Voucher program into a federal entitlement so that every household who qualifies for assistance would receive it. S.1820 - Choice in Affordable Housing Act of 2021. This bill would increase the number of landlords participating in the Housing Choice Voucher program. The bill provides $500 million to create the Herschel Lashkowitz Housing Partnership Fund; uses neighborhood-specific data to set rents fairly, and reduces inspection delays. 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. Public Law No: 116-136 (03/27/2020), Coronavirus Aid, Relief, and Economic Security Act or the CARES Act. This bill responds to the COVID-19 (i.e., coronavirus disease 2019) outbreak and its impact on the economy, public health, state and local governments, individuals, and businesses. DIVISION A establishes the Paycheck Protection Program to provide eight weeks of cash flow assistance to small businesses through federally guaranteed loans to employers who maintain their payroll. (Sec. 4024) Tenants in specified federally backed housing (e.g., federally subsidized housing, rural voucher-program housing, and housing financed through federally backed mortgages) may not be evicted for 120 days beginning on the date of enactment of this subtitle. A lessor that serves an eviction notice after this time period must provide the tenant with 30 days to vacate. Furthermore, during the 120-day moratorium, tenants may not be charged late fees, penalties, or other charges for nonpayment of rent. This title provides FY2020 appropriations for the HUD. All policies related to Inflation Reduction Act All policies related to State and Local Fiscal Recovery Funds All policies relating to Centers for Disease Control and Prevention (CDC), Department of Health and Human Services (HHS), Notice to Temporary Halt in Residential Evictions To Prevent the Further Spread of COVID-19 All policies relating to the Presidents Executive Order on Fighting the Spread of COVID-19 by Providing Assistance to Renters and Homeowners All policies relating to Depts. of HUD, Treasury, USDA, Homeland Security, SBA, and Labor coronavirus response efforts All policies relating to access to the Paycheck Protection Program (PPP) All policies relating to Depts. of HUD, Treasury, and USDA Disaster Recovery efforts in PDD-areas All policies relating to A Budget for Americas Future - Presidents Budget FY 2021 All policies relating to HUD Real Assessment Estate Center (REAC) and physical inspections All policies relating to Housing Assistance Payments (HAP) All policies relating to Project Rental Assistance (PRACs) All policies relating to Fair Market Rents and Small Area Fair Market Rents All policies relating to HOME Investment Partnership Program All policies relating to Community Development Block Grant All policies relating to HUD Rental Assistance (Housing Choice Vouchers and Project-Based Rental Assistance) Programs All policies relating to USDA-RHS Section 521 Rental Assistance Program, Section 515 Rural Rental Housing, Section 542 Rural Development Voucher, and 538 Guaranteed Rural Rental Housing Program. All policies relating to Management and Occupancy Reviews (MORs) All policies relating to the Rental Assistance Demonstration All policies relating to the Family Self Sufficiency Program All policies relating to Housing Finance Reform All policies relating to Housing and Community Development Act of 1980, including Mixed Immigration status of households All policies relating to Lead-Based Paint All Policies related to the White House Announces Interagency Council on Barriers to Affordable Housing All Policies related to the Fair Housing Act All Policies related to the Foster Youth to Independence initiative All Policies related to the Community Development Block Grant - Disaster Recovery (CDBG-DR) All Policies related to the Inadmissibility on Public Charge Grounds Rule All Policies related to Opportunity Zones All Policies related to the coronavirus pandemic All Policies related to the CARES Act implementation All Policies related to Emergency Rental Assistance Program All Policies related to President Biden's Building Back Better Housing-related Initiatives All Policies related to the Emergency Broadband Benefit Program All Policies related to Disaster Recovery All Policies related to the increase in the price of lumber and supply chain disruption and labor market shortages in the housing industry All Policies related to Ending Homelessness, House America Initiative All policies relating to the FY23 President Budget Request and Appropriations All policies relating to the Biden-Harris Housing Supply Action All policies relating to a Federal Tenant Bill of Rights All policies relating to Rural Housing Preservation

Low-Income Housing Tax Credit; Multifamily Housing Bonds; Affordable Housing; Affordable Housing Credit Improvement Act (S. 1136/H.R. 2573); LIFELINE Act (H.R. 7078).

Client expense: $120,000 · 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; Multifamily Housing Bonds; Affordable Housing; Affordable Housing Credit Improvement Act (S. 1136/H.R. 2573); LIFELINE Act (H.R. 7078).

Client expense: $120,000 · 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 - Down Payment Assistance Program - Low-Income Housing Tax Credit (Housing Credit) - Private Activity Tax Exempt Bonds (PABs) - Community Development Block Grant (CDBG) - HOME Investment Partnerships Program (HOME) - FFB and Risk Sharing Program - Enact Fair Housing Policies - Organization for Economic Cooperation and Development (OECD) global minimum tax agreement - Coronavirus State and Local Fiscal Recovery Fund (SLFRF) - H.R.7078, the LIHTC Financing Enabling Long-term Investment in Neighborhood Excellence Act or the LIFELINE Act. - Federal Housing Finance Agency (FHFA) - Housing Trust Fund (HTF) and Capital Magnet Fund (CMF) - S. 4872 - Strategy and Investment in Rural Housing Preservation Act of 2022 - S. 4789 - Expand Housing Opportunities Act - Inflation Reduction Act - HUD Green and Resilient Retrofit Program

Client expense: Not reported · Firm income: $30,000

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

- HUD FY 2023 Appropriations - Down Payment Assistance Program - Low-Income Housing Tax Credit (Housing Credit) - Private Activity Tax Exempt Bonds (PABs) - Community Development Block Grant (CDBG) - HOME Investment Partnerships Program (HOME) - FFB and Risk Sharing Program - Enact Fair Housing Policies - Organization for Economic Cooperation and Development (OECD) global minimum tax agreement - Coronavirus State and Local Fiscal Recovery Fund (SLFRF) - H.R.7078, the LIHTC Financing Enabling Long-term Investment in Neighborhood Excellence Act or the LIFELINE Act. - Federal Housing Finance Agency (FHFA) - Housing Trust Fund (HTF) and Capital Magnet Fund (CMF) - S. 4872 - Strategy and Investment in Rural Housing Preservation Act of 2022 - S. 4789 - Expand Housing Opportunities Act - Inflation Reduction Act - HUD Green and Resilient Retrofit Program

Client expense: Not reported · Firm income: $30,000

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

- HUD FY 2023 Appropriations - Down Payment Assistance Program - Low-Income Housing Tax Credit (Housing Credit) - Private Activity Tax Exempt Bonds (PABs) - Community Development Block Grant (CDBG) - HOME Investment Partnerships Program (HOME) - FFB and Risk Sharing Program - Enact Fair Housing Policies - Organization for Economic Cooperation and Development (OECD) global minimum tax agreement - Coronavirus State and Local Fiscal Recovery Fund (SLFRF) - H.R.7078, the LIHTC Financing Enabling Long-term Investment in Neighborhood Excellence Act or the "LIFELINE Act. - Federal Housing Finance Agency (FHFA) - Housing Trust Fund (HTF) and Capital Magnet Fund (CMF) - S. 4872 - Strategy and Investment in Rural Housing Preservation Act of 2022 - S. 4789 - Expand Housing Opportunities Act - Inflation Reduction Act - HUD Green and Resilient Retrofit Program

Client expense: Not reported · Firm income: $30,000

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

- FY 2023 Appropriations - Down Payment Assistance Program - Low-Income Housing Tax Credit (Housing Credit) - Private Activity Tax Exempt Bonds (PABs) - Community Development Block Grant (CDBG) - HOME Investment Partnerships Program (HOME) - FFB and Risk Sharing Program - Enact Fair Housing Policies - Build Back Better Act - Organization for Economic Cooperation and Development (OECD) global minimum tax agreement - Coronavirus State and Local Fiscal Recovery Fund (SLFRF) - H.R.7078, the LIHTC Financing Enabling Long-term Investment in Neighborhood Excellence Act or the LIFELINE Act. - Federal Housing Finance Agency (FHFA) - Housing Trust Fund (HTF) and Capital Magnet Fund (CMF)

Client expense: Not reported · Firm income: $30,000

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

HUD FY 2023 Appropriations Down Payment Assistance Program Low-Income Housing Tax Credit (Housing Credit) Private Activity Tax Exempt Bonds (PABs) Community Development Block Grant (CDBG) HOME Investment Partnerships Program (HOME) FFB and Risk Sharing Program Enact Fair Housing Policies Build Back Better Act Organization for Economic Cooperation and Development (OECD) global minimum tax agreement Coronavirus State and Local Fiscal Recovery Fund (SLFRF) H.R.7078, the LIHTC Financing Enabling Long-term Investment in Neighborhood Excellence Act or the LIFELINE Act. Federal Housing Finance Agency (FHFA) Housing Trust Fund (HTF) and Capital Magnet Fund (CMF)

Client expense: Not reported · Firm income: $30,000

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

HUD FY 2023 Appropriations Down Payment Assistance Program Low-Income Housing Tax Credit (Housing Credit) Private Activity Tax Exempt Bonds (PABs) Community Development Block Grant (CDBG) HOME Investment Partnerships Program (HOME) FFB and Risk Sharing Program Enact Fair Housing Policies Build Back Better Act Organization for Economic Cooperation and Development (OECD) global minimum tax agreement Coronavirus State and Local Fiscal Recovery Fund (SLFRF) H.R.7078, the LIHTC Financing Enabling Long-term Investment in Neighborhood Excellence Act or the "LIFELINE Act. Federal Housing Finance Agency (FHFA) Housing Trust Fund (HTF) and Capital Magnet Fund (CMF)

Client expense: Not reported · Firm income: $30,000

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

Affordable Housing Homelessness LIFELINE Act (H.R. 7078 and S.4181) Affordable Housing Credit Improvement Act of 2021 (S. 2573) Build Back Better Act (H.R. 5376)

Client expense: Not reported · Firm income: $7,500

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

Affordable Housing Homelessness LIFELINE Act (H.R. 7078 and S. 4181)

Client expense: Not reported · Firm income: Not reported

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

Housing tax incentives, energy tax incentives (25C, 25D, 45L, 179D), the Low Income Housing Tax Credit (H.R. 3077 and S.1703), Section 118 Contributions in Aid of Construction, H.R. 3684, the INVEST in America Act, Build Back Better Act/reconciliation, H.R. 7078, the LIFELINE Act

Client expense: $720,000 · Firm income: Not reported

HUD FY 2023 Appropriations Down Payment Assistance Program Low-Income Housing Tax Credit (Housing Credit) Private Activity Tax Exempt Bonds (PABs) Community Development Block Grant (CDBG) HOME Investment Partnerships Program (HOME) FFB and Risk Sharing Program Enact Fair Housing Policies Build Back Better Act Organization for Economic Cooperation and Development (OECD) global minimum tax agreement Coronavirus State and Local Fiscal Recovery Fund (SLFRF) H.R.7078, the LIHTC Financing Enabling Long-term Investment in Neighborhood Excellence Act or the "LIFELINE Act. Federal Housing Finance Agency (FHFA) Housing Trust Fund (HTF) and Capital Magnet Fund (CMF)

Client expense: Not reported · Firm income: $30,000

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

- FY 2023 Appropriations - Down Payment Assistance Program - Low-Income Housing Tax Credit (Housing Credit) - Private Activity Tax Exempt Bonds (PABs) - Community Development Block Grant (CDBG) - HOME Investment Partnerships Program (HOME) - FFB and Risk Sharing Program - Enact Fair Housing Policies - Build Back Better Act - Organization for Economic Cooperation and Development (OECD) global minimum tax agreement - Coronavirus State and Local Fiscal Recovery Fund (SLFRF) - H.R.7078, the LIHTC Financing Enabling Long-term Investment in Neighborhood Excellence Act or the LIFELINE Act. - Federal Housing Finance Agency (FHFA) - Housing Trust Fund (HTF) and Capital Magnet Fund (CMF)

Client expense: Not reported · Firm income: $30,000

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

HUD FY 2023 Appropriations Down Payment Assistance Program Low-Income Housing Tax Credit (Housing Credit) Private Activity Tax Exempt Bonds (PABs) Community Development Block Grant (CDBG) HOME Investment Partnerships Program (HOME) FFB and Risk Sharing Program Enact Fair Housing Policies Build Back Better Act Organization for Economic Cooperation and Development (OECD) global minimum tax agreement Coronavirus State and Local Fiscal Recovery Fund (SLFRF) H.R.7078, the LIHTC Financing Enabling Long-term Investment in Neighborhood Excellence Act or the LIFELINE Act. Federal Housing Finance Agency (FHFA) Housing Trust Fund (HTF) and Capital Magnet Fund (CMF)

Client expense: Not reported · Firm income: $30,000

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

Reconciliation Legislation H.R. 5376 Build Back Better Act, Low-Income Housing Tax Credit and Middle-Income Housing Tax Credit Support making permanent and augmenting by an additional 50 percent the increased Low-Income Housing Tax Credit authority enacted in March 2018 to enable the production of new units. Support establishment of Middle-Income Housing Tax Credit to spur production of multifamily units serving middle-income families. H.R. 2573 / S. 1136, Affordable Housing Credit Improvement Act of 2021, to reform the low-income housing credit, and for other purposes, all provisions. S. 2820, Decent, Affordable, Safe Housing for All Act (DASH Act), to provide rental housing vouchers for the homeless, and for other purposes, H.R. 7078, LIHTC Financing Enabling Long-term Investment in Neighborhood Excellence (LIFELINE) Act, to amend title VI of the Social Security Act to allow coronavirus State and local fiscal recovery funds to be used for low-income housing credit projects, all provisions. S. 4181, LIHTC Financing Enabling Long-term Investment in Neighborhood Excellence (LIFELINE) Act, to amend title VI of the Social Security Act to allow coronavirus State and local fiscal recovery funds to be used for low-income housing credit projects, all provisions. Monitored possible issuance of final rule on Low-Income Housing Tax Credit Average Income Test: Department of the Treasury, Internal Revenue Service, 26 CFR Part 1, REG-119890-18, RIN 1454 BO92, Section 42, Low-Income Housing Credit Average Income Test Regulations. Signed letter of trade associations (sent April 5, 2022) to Secretary of Treasury Janet Yellen requesting that the Treasury Department preserve the value of community development tax incentives, including the Low-Income Tax Credit, as the OECD moves forward on Pillar 2 rules establishing a global minimum tax. Monitored mitigation of potential negative impact OECD Pillar 2 of global minimum tax on Low-Income Housing Tax Credit Biden Administration Tax Proposals General Explanations of the Administration's Fiscal Year 2023 Revenue Proposals: Allow selective basis boosts for bond-financed low-income housing tax credit projects; increase the top marginal income tax rate for high earners; reform the taxation of capital income; impose a minimum tax on the wealthiest taxpayers, 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 property. President Biden Announces New Actions to Ease the Burden of Housing Costs (announced May 15, 2022), proposals to increase the supply of multifamily housing. Taxation of Business and Capital Income, Estates, and FIRPTA Like-kind exchanges: Support retaining current law. Capital Gains - Oppose doubling the long-term capital gains tax rate and support current-law capital gains tax rates. 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. Stepped-Up Basis at Death and Taxation of Unrealized Capital Gains at Death: Support retaining current law providing for stepped-up basis at death and taxation of capital gains upon actual sale. Business Interest Deductibility: Support full deductibility of business interest for multifamily industry. Section 199A Pass-Through Deduction: Support 199A pass-through deduction. Estate Tax: Support making permanent the Estate Tax rules enacted as part of the Tax Cuts and Jobs Act of 2017. Foreign Investment in Real Property Tax Act (FIRPTA): Support repealing FIRPTA to promote investment in U.S. multifamily industry. Extension of Expiring Tax Provisions NMHC supports extending the 12.5 increase in LIHTC credit authority available in 2018-2021. NMHC also supports extending the New Energy Home Credit (IRC 45L). Opportunity Zones Support reducing the basis increase necessary to qualify a multifamily rehabilitation project for Opportunity Zone purposes. H.R. 7467 and S. 4065, Opportunity Zones Transparency, Extension, and Improvement Act, to amend the Internal Revenue Code of 1986 to modify the rules relating to qualified opportunity zones, and for other purposes, all provisions. Adaptive Reuse Federal tax policies impacting the conversion of property (e.g, conversion of office buildings into housing) H.R. 4759, 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. Also, analyzed proposals to expand bill to enable commercial property types other than office buildings to be converted, as well as to allow REITs to benefit from the incentive S. 2511, 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. Also, analyzed proposals to expand bill to enable commercial property types other than office buildings to be converted, as well as to allow REITs to benefit from the incentive Tax Depreciation H.R. 7229, Renewing Investment in American Workers and Supply Chains Act, to amend the Internal Revenue Code of 1986 to modify the depreciation of nonresidential real property and residential rental property, all provisions. S. 4012, Renewing Investment in American Workers and Supply Chains Act, to amend the Internal Revenue Code of 1986 to modify the depreciation of nonresidential real property and residential rental property, all provisions.

Public Law No: 117-103 - Consolidated Appropriations Act, 2022. This bill provides appropriations to federal agencies for the remainder of FY2022, provides supplemental appropriations for activities to support Ukraine, and modifies or establishes various programs that address a wide range of policy areas. In addition, the bill reauthorizes several expiring programs and authorities, including the National Flood Insurance Program; and programs and activities under the Violence Against Women Act (VAWA) that seek to prevent and respond to domestic violence, sexual assault, dating violence, and stalking. The bill also includes several additional provisions that address a wide range of policy issues and programs, including: fraud targeting the elderly; and carbon monoxide poisoning. Bill was signed into law by President Biden on March 15, 2022 Choice in Affordable Housing Act (H.R.6880/ S.1820). This bill establishes programs and grants to incentivize landlord participation in the Housing Choice Voucher program. The bill authorizes HUD to provide one-time incentive payments to landlords, security deposit payments, bonuses to public housing agencies that employ landlord liaisons, and amounts for other recruitment purposes. Additionally, the bill allows dwelling units to meet HCV program inspection requirements by satisfactory inspection through participation in other housing programs. Landlords not yet participating in a low-income housing assistance program may request inspection by a public housing agency to determine whether the dwelling meets requirements prior to selection by a tenant. Finally, HUD must expand the use of an alternative method of calculating fair market rent for purposes of the HCV program. Introduced by Rep. Emanuel Cleaver (D-MO) and Sen. Chris Coons (D-DE) 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) Public Law No: 117-70 - Further Extending Government Funding Act. This bill provides continuing FY2022 appropriations for federal agencies, provides supplemental appropriations, and extends several expiring authorities. Specifically, the bill provides continuing FY2022 appropriations to federal agencies through the earlier of February 18, 2022, or the enactment of the applicable appropriations act. It is known as a continuing resolution (CR) and prevents a government shutdown that would otherwise occur if the FY2022 appropriations bills have not been enacted when the existing CR expires on December 3, 2021. The CR funds most programs and activities at the FY2021 levels with several exceptions that provide funding flexibility and additional appropriations for various programs. In addition, the bill provides supplemental appropriations to several federal agencies for activities related to the evacuees from Afghanistan. Introduced by Rep. DeLauro, Rosa L. (D-CT). Bill was signed into law by President Biden on Dec. 23, 2021. H.R.4502 - This bill provides FY2022 appropriations to the Departments of 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. Introduced by Rep. DeLauro, Rosa L. (D-CT). PL 117-43 Extending Government Funding and Delivering Emergency Assistance Act. This bill provides continuing FY2022 appropriations to federal agencies through the earlier of December 3, 2021, or the enactment of the applicable appropriations act. The continuing resolution funds most programs and activities at the FY2021 levels with several exceptions that provide funding flexibility and additional appropriations for various programs. In addition, the bill provides supplemental appropriations to several federal agencies for activities related to natural disasters and evacuees from Afghanistan. The bill also extends several expiring programs and authorities, including, the National Flood Insurance Program, the Temporary Assistance for Needy Families (TANF) program, the National Advisory Committee on Institutional Quality and Integrity, the United States Advisory Commission on Public Diplomacy, the temporary scheduling order issued by the Drug Enforcement Administration to place fentanyl-related substances in Schedule I of the Controlled Substances Act, and the authority for the Department of Agriculture to waive certain requirements for the school meal programs. 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. 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.5196 - Expediting Assistance to Renters and Landlords Act of 2021. This bill proposes to expedite the application for payment of rental arrearages by landlords and mandate tenant access to financial assistance, and for other purposes. S.2578 - A bill to extend the moratorium on residential evictions, and for other purposes. This bill proposes to extend the moratorium on residential evictions, and for other purposes. H.R.4497 - Housing is Infrastructure Act of 2021. This bill would provide a historic investment of over $600 billion in equitable, affordable, and accessible housing infrastructure. This generational investment would address our national eviction and homelessness crises, increase access to homeownership, and support a robust recovery from the pandemic by creating jobs, addressing climate change, and improving housing stability for struggling households. H.R.4496 - Ending Homelessness Act of 2021. This bill would end homelessness and significantly reduce poverty in America by transforming the Housing Choice Voucher program into a federal entitlement so that every household who qualifies for assistance would receive it. S.1820 - Choice in Affordable Housing Act of 2021. This bill would increase the number of landlords participating in the Housing Choice Voucher program. The bill provides $500 million to create the Herschel Lashkowitz Housing Partnership Fund; uses neighborhood-specific data to set rents fairly, and reduces inspection delays. 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. Public Law No: 116-136 (03/27/2020), Coronavirus Aid, Relief, and Economic Security Act or the CARES Act, this bill responds to the COVID-19 (i.e., coronavirus disease 2019) outbreak and its impact on the economy, public health, state and local governments, individuals, and businesses. DIVISION A establishes the Paycheck Protection Program to provide eight weeks of cash flow assistance to small businesses through federally guaranteed loans to employers who maintain their payroll. (Sec. 4024) Tenants in specified federally backed housing (e.g., federally subsidized housing, rural voucher-program housing, and housing financed through federally backed mortgages) may not be evicted for 120 days beginning on the date of enactment of this subtitle. A lessor that serves an eviction notice after this time period must provide the tenant with 30 days to vacate. Furthermore, during the 120-day moratorium, tenants may not be charged late fees, penalties, or other charges for nonpayment of rent. This title provides FY2020 appropriations for the HUD. All policies related to State and Local Fiscal Recovery Funds All policies relating to Centers for Disease Control and Prevention (CDC), Department of Health and Human Services (HHS), Notice to Temporary Halt in Residential Evictions To Prevent the Further Spread of COVID-19 All policies relating to the Presidents Executive Order on Fighting the Spread of COVID-19 by Providing Assistance to Renters and Homeowners All policies relating to Depts. of HUD, Treasury, USDA, Homeland Security, SBA, and Labor coronavirus response efforts All policies relating to access to the Paycheck Protection Program (PPP) All policies relating to Depts. of HUD, Treasury, and USDA Disaster Recovery efforts in PDD-areas All policies relating to A Budget for Americas Future - Presidents Budget FY 2021 All policies relating to HUD Real Assessment Estate Center (REAC) and physical inspections All policies relating to Housing Assistance Payments (HAP) All policies relating to Project Rental Assistance (PRACs) All policies relating to Fair Market Rents and Small Area Fair Market Rents All policies relating to HOME Investment Partnership Program All policies relating to Community Development Block Grant All policies relating to HUD Rental Assistance (Housing Choice Vouchers and Project-Based Rental Assistance) Programs All policies relating to USDA-RHS Section 521 Rental Assistance Program, Section 515 Rural Rental Housing, Section 542 Rural Development Voucher, and 538 Guaranteed Rural Rental Housing Program. All policies relating to Management and Occupancy Reviews (MORs) All policies relating to the Rental Assistance Demonstration All policies relating to the Family Self Sufficiency Program All policies relating to Housing Finance Reform All policies relating to Housing and Community Development Act of 1980, including Mixed Immigration status of households All policies relating to Lead-Based Paint All Policies related to the White House Announces Interagency Council on Barriers to Affordable Housing All Policies related to the Fair Housing Act All Policies related to the Foster Youth to Independence initiative All Policies related to the Community Development Block Grant - Disaster Recovery (CDBG-DR) All Policies related to the Inadmissibility on Public Charge Grounds Rule All Policies related to Opportunity Zones All Policies related to the coronavirus pandemic All Policies related to the CARES Act implementation All Policies related to Emergency Rental Assistance Program All Policies related to President Biden's Building Back Better Housing-related Initiatives All Policies related to the Emergency Broadband Benefit Program All Policies related to Disaster Recovery All Policies related to the increase in the price of lumber and supply chain disruption and labor market shortages in the housing industry All Policies related to Ending Homelessness, House America Initiative All policies relating to the FY23 President Budget Request All policies relating to the Biden-Harris Housing Supply Action All policies relating to a Federal Tenant Bill of Rights All policies relating to Rural Housing Preservation

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

Low-Income Housing Tax Credit; Multifamily Housing Bonds; Affordable Housing; Affordable Housing Credit Improvement Act (S. 1136/H.R. 2573); Subtitle F, Build Back Better Act (H.R. 5376); LIFELINE Act (H.R. 7078).

Client expense: $130,000 · 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; Multifamily Housing Bonds; Affordable Housing; Affordable Housing Credit Improvement Act (S. 1136/H.R. 2573); Subtitle F, Build Back Better Act (H.R. 5376); LIFELINE Act (H.R. 7078).

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

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

Housing tax incentives, energy tax incentives (25C, 25D, 45L, 179D), the Low Income Housing Tax Credit (H.R. 3077 and S.1703), Section 118 Contributions in Aid of Construction, H.R. 3684, the INVEST in America Act, Build Back Better Act/reconciliation, H.R. 7078, the LIFELINE Act

Client expense: $710,000 · Firm income: Not reported

Reconciliation Legislation Senate Finance Committee, Draft Text of Build Back Better Act, Title XII -- Committee on Finance, Subtitle E -- Infrastructure Financing and Community Development, Part 1 -- Low-Income Housing Credit, Section 125101: Increases in State Allocations, Section 125102: Tax-Exempt Bond Financing Requirement; and Section 125103: Buildings Designated to Serve Extremely Low-Income Households; Subtitle F -- Green Energy, Part 3 -- Green Energy and Efficiency Incentives for Individuals, Section 126303: Energy Efficient Commercial Buildings Deduction and Section 126304: Extension, Increase, and Modifications of New Energy Efficient Home Credit; Subtitle H -- Responsibly Funding Our Priorities, Part 1 -- Corporate and International Tax Reforms, Subpart A -- Corporate Tax Rate, Section 128101: Corporate Alternative Minimum Tax; Part 2: Tax Increases for High-Income Individuals, Section 128201: Application of Net Investment Income Tax to Trade or Business Income of Certain High Income Individuals, Section 128202: Limitations on Excess Business Losses of Noncorporate Taxpayers, and Section 128203: Surcharge on High Income Individuals, Estates, and Trusts. H.R. 5376 (as amended by House Rules Committee Print 117-18, the version of the bill that passed the House of Representatives November 19, 2021), Build Back Better Act, Title XIII -- Committee on Ways and Means, Subtitle E -- Infrastructure Financing and Community Development, Part 1 -- Low Income Housing Credit, Section 135101: Increase in State Allocations, Section 135102: Tax-Exempt Bond Financing Requirement, and Section 135103 Buildings Designated to Serve Extremely Low-Income Households; Subtitle F -- Green Energy, Part 3 -- Green Energy and Efficiency Incentives for Individuals, Section 136303: Energy Efficient Commercial Buildings Deduction and Section 136304: Extension, Increase, and Modifications of New Energy Efficient Home Credit. Subtitle H -- Responsibly Funding Our Priorities, Part 1 -- Corporate and International Tax Reforms, Subpart A -- Corporate Tax Rate, Section 138101: Corporate Alternative Minimum Tax; Part 2: Tax Increases for High-Income Individuals, Section 138201: Application of Net Investment Income Tax to Trade or Business Income of Certain High Income Individuals, Section 138202: Limitations on Excess Business Losses of Noncorporate Taxpayers, and Section 138203: Surcharge on High Income Individuals, Estates, and Trusts. Low-Income Housing Tax Credit and Middle-Income Housing Tax Credit Support making permanent and augmenting by an additional 50 percent the increased Low-Income Housing Tax Credit authority enacted in March 2018 to enable the production of new units. H.R. 2573 / S. 1136, Affordable Housing Credit Improvement Act of 2021, to reform the low-income housing credit, and for other purposes, all provisions. S. 2820, 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. H.R. 7078, LIHTC Financing Enabling Long-term Investment in Neighborhood Excellence (LIFELINE) Act, to amend title VI of the Social Security Act to allow coronavirus State and local fiscal recovery funds to be used for low-income housing credit projects, all provisions. Signed letter of trade associations (sent April 5, 2022) to Secretary of Treasury Janet Yellen requesting that the Treasury Department preserve the value of community development tax incentives, including the Low-Income Tax Credit, as the OECD moves forward on Pillar 2 rules establishing a global minimum tax. Biden Administration Tax Proposals General Explanations of the Administration's Fiscal Year 2023 Revenue Proposals: Prevent basis shifting by related parties through partnerships; allow selective basis boosts for bond-financed low-income housing tax credit projects; increase the top marginal income tax rate for high earners; reform the taxation of capital income; impose a minimum tax on the wealthiest taxpayers, 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 property. Like-kind exchanges: Support retaining current law. Capital Gains - Oppose doubling the long-term capital gains tax rate and support significant differential between ordinary income and capital gains tax rates. 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. Stepped-Up Basis at Death and Taxation of Unrealized Capital Gains at Death: Support retaining current law providing for stepped-up basis at death and taxation of capital gains upon actual sale. Estate Tax: Support making permanent the Estate Tax rules enacted as part of the Tax Cuts and Jobs Act of 2017. Opportunity Zones Support reducing the basis increase necessary to qualify a multifamily rehabilitation project for Opportunity Zone purposes. Real Estate Investment Trusts H.R. 3123, 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. Supported House bill and also requested introduction of companion legislation in the Senate. Adaptive Reuse Federal tax policies impacting the conversion of property (e.g, conversion of office buildings into housing)

Public Law No: 117-103 - Consolidated Appropriations Act, 2022. This bill provides appropriations to federal agencies for the remainder of FY2022, provides supplemental appropriations for activities to support Ukraine, and modifies or establishes various programs that address a wide range of policy areas. In addition, the bill reauthorizes several expiring programs and authorities, including the National Flood Insurance Program; and programs and activities under the Violence Against Women Act (VAWA) that seek to prevent and respond to domestic violence, sexual assault, dating violence, and stalking. The bill also includes several additional provisions that address a wide range of policy issues and programs, including: fraud targeting the elderly; and carbon monoxide poisoning. Bill was signed into law by President Biden on March 15, 2022 Choice in Affordable Housing Act (H.R.6880/ S.1820). This bill establishes programs and grants to incentivize landlord participation in the Housing Choice Voucher program. The bill authorizes HUD to provide one-time incentive payments to landlords, security deposit payments, bonuses to public housing agencies that employ landlord liaisons, and amounts for other recruitment purposes. Additionally, the bill allows dwelling units to meet HCV program inspection requirements by satisfactory inspection through participation in other housing programs. Landlords not yet participating in a low-income housing assistance program may request inspection by a public housing agency to determine whether the dwelling meets requirements prior to selection by a tenant. Finally, HUD must expand the use of an alternative method of calculating fair market rent for purposes of the HCV program. Introduced by Rep. Emanuel Cleaver (D-MO) and Sen. Chris Coons (D-DE) 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) Public Law No: 117-70 - Further Extending Government Funding Act. This bill provides continuing FY2022 appropriations for federal agencies, provides supplemental appropriations, and extends several expiring authorities. Specifically, the bill provides continuing FY2022 appropriations to federal agencies through the earlier of February 18, 2022, or the enactment of the applicable appropriations act. It is known as a continuing resolution (CR) and prevents a government shutdown that would otherwise occur if the FY2022 appropriations bills have not been enacted when the existing CR expires on December 3, 2021. The CR funds most programs and activities at the FY2021 levels with several exceptions that provide funding flexibility and additional appropriations for various programs. In addition, the bill provides supplemental appropriations to several federal agencies for activities related to the evacuees from Afghanistan. Introduced by Rep. DeLauro, Rosa L. (D-CT). Bill was signed into law by President Biden on Dec. 23, 2021. H.R.4502 - This bill provides FY2022 appropriations to the Departments of 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. Introduced by Rep. DeLauro, Rosa L. (D-CT). PL 117-43 Extending Government Funding and Delivering Emergency Assistance Act. This bill provides continuing FY2022 appropriations to federal agencies through the earlier of December 3, 2021, or the enactment of the applicable appropriations act. The continuing resolution funds most programs and activities at the FY2021 levels with several exceptions that provide funding flexibility and additional appropriations for various programs. In addition, the bill provides supplemental appropriations to several federal agencies for activities related to natural disasters and evacuees from Afghanistan. The bill also extends several expiring programs and authorities, including, the National Flood Insurance Program, the Temporary Assistance for Needy Families (TANF) program, the National Advisory Committee on Institutional Quality and Integrity, the United States Advisory Commission on Public Diplomacy, the temporary scheduling order issued by the Drug Enforcement Administration to place fentanyl-related substances in Schedule I of the Controlled Substances Act, and the authority for the Department of Agriculture to waive certain requirements for the school meal programs. 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. 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.5196 - Expediting Assistance to Renters and Landlords Act of 2021. This bill proposes to expedite the application for payment of rental arrearages by landlords and mandate tenant access to financial assistance, and for other purposes. S.2578 - A bill to extend the moratorium on residential evictions, and for other purposes. This bill proposes to extend the moratorium on residential evictions, and for other purposes. H.R.4497 - Housing is Infrastructure Act of 2021. This bill would provide a historic investment of over $600 billion in equitable, affordable, and accessible housing infrastructure. This generational investment would address our national eviction and homelessness crises, increase access to homeownership, and support a robust recovery from the pandemic by creating jobs, addressing climate change, and improving housing stability for struggling households. H.R.4496 - Ending Homelessness Act of 2021. This bill would end homelessness and significantly reduce poverty in America by transforming the Housing Choice Voucher program into a federal entitlement so that every household who qualifies for assistance would receive it. S.1820 - Choice in Affordable Housing Act of 2021. This bill would increase the number of landlords participating in the Housing Choice Voucher program. The bill provides $500 million to create the Herschel Lashkowitz Housing Partnership Fund; uses neighborhood-specific data to set rents fairly, and reduces inspection delays. 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. Public Law No: 116-136 (03/27/2020), Coronavirus Aid, Relief, and Economic Security Act or the CARES Act, this bill responds to the COVID-19 (i.e., coronavirus disease 2019) outbreak and its impact on the economy, public health, state and local governments, individuals, and businesses. DIVISION A establishes the Paycheck Protection Program to provide eight weeks of cash flow assistance to small businesses through federally guaranteed loans to employers who maintain their payroll. (Sec. 4024) Tenants in specified federally backed housing (e.g., federally subsidized housing, rural voucher-program housing, and housing financed through federally backed mortgages) may not be evicted for 120 days beginning on the date of enactment of this subtitle. A lessor that serves an eviction notice after this time period must provide the tenant with 30 days to vacate. Furthermore, during the 120-day moratorium, tenants may not be charged late fees, penalties, or other charges for nonpayment of rent. This title provides FY2020 appropriations for the HUD. All policies related to State and Local Fiscal Recovery Funds All policies relating to Centers for Disease Control and Prevention (CDC), Department of Health and Human Services (HHS), Notice to Temporary Halt in Residential Evictions To Prevent the Further Spread of COVID-19 All policies relating to the Presidents Executive Order on Fighting the Spread of COVID-19 by Providing Assistance to Renters and Homeowners All policies relating to Depts. of HUD, Treasury, USDA, Homeland Security, SBA, and Labor coronavirus response efforts All policies relating to access to the Paycheck Protection Program (PPP) All policies relating to Depts. of HUD, Treasury, and USDA Disaster Recovery efforts in PDD-areas All policies relating to A Budget for Americas Future - Presidents Budget FY 2021 All policies relating to HUD Real Assessment Estate Center (REAC) and physical inspections All policies relating to Housing Assistance Payments (HAP) All policies relating to Project Rental Assistance (PRACs) All policies relating to Fair Market Rents and Small Area Fair Market Rents All policies relating to HOME Investment Partnership Program All policies relating to Community Development Block Grant All policies relating to HUD Rental Assistance (Housing Choice Vouchers and Project-Based Rental Assistance) Programs All policies relating to USDA-RHS Section 521 Rental Assistance Program, Section 515 Rural Rental Housing, Section 542 Rural Development Voucher, and 538 Guaranteed Rural Rental Housing Program. All policies relating to Management and Occupancy Reviews (MORs) All policies relating to the Rental Assistance Demonstration All policies relating to the Family Self Sufficiency Program All policies relating to Housing Finance Reform All policies relating to Housing and Community Development Act of 1980, including Mixed Immigration status of households All policies relating to Lead-Based Paint All Policies related to the White House Announces Interagency Council on Barriers to Affordable Housing All Policies related to the Fair Housing Act All Policies related to the Foster Youth to Independence initiative All Policies related to the Community Development Block Grant - Disaster Recovery (CDBG-DR) All Policies related to the Inadmissibility on Public Charge Grounds Rule All Policies related to Opportunity Zones All Policies related to the coronavirus pandemic All Policies related to the CARES Act implementation All Policies related to Emergency Rental Assistance Program All Policies related to President Biden's Building Back Better Housing-related Initiatives All Policies related to the Emergency Broadband Benefit Program All Policies related to Disaster Recovery All Policies related to the increase in the price of lumber and supply chain disruption All Policies related to labor market shortages in housing industry All Policies related to Ending Homelessness, House America Initiative All policies relating to FY23 President Budget

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