Revitalizing Downtowns and Main Streets Act

S. 445/H.R. 1091 Carried Interest Fairness Act - ALL H.R. 2410 Revitalizing Downtowns and Main Streets Act - ALL IRC Section 1031 - maintaining current treatment - no bill, Like-Kind Exchange provision IRC Sec 1061 - maintaining current treatment - no bill, 3 year hold for capital gains treatment for partnership interest in connection with performance of services

Client expense: $420,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R. 1103 / S. 479 - New Markets Tax Credit Extension Act of 2025 S. 1515 / H.R. 2725: AHCIA of 2025 S. 1686 / H.R. 2854: Neighborhood Homes Investment Act H.R. 9573 - Housing Opportunities and Preservation Enhancement (HOPE) Act H.R. 9012: Affordable Housing Credit Carryback Act H.R. 2410 - Revitalizing Downtowns and Main Streets Act of 2025 S. 5366 - Affordable Housing Credit Carryback Act

Client expense: $52,888 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R. 2410, Revitalizing Downtowns and Main Streets Act General affordable housing issues FY26/27 funding for Homelessness Assistance Grants FY25/26 Continuum of Care grants

Client expense: Not reported · Firm income: $15,000

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

HR 2410, Revitalizing Downtowns and Main Streets Act

Client expense: Not reported · Firm income: $15,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Historic Tax Credit Growth and Opportunity Act (H.R.2941/S.1459) Rural Historic Tax Credit Improvement Act (H.R.1454/S.631) Neighborhood Homes Investment Act (H.R. 2854 / S. 1686) New Markets Tax Credit Extension Act (H.R.1103 / S. 479) Revitalizing Downtowns and Main Streets Act (H.R.2410) Renewing Opportunity in the American Dream (ROAD) to Housing Act of 2025 (S. 2651)

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Housing Affordability and Availability H.R.1 One Big Beautiful Bill Act H.R. 1340 More Homes on the Market Act H.R. 2854 Neighborhood Homes Investment Act S.1515/H.R.2725 -Affordable Housing Credit Improvement Act H.R. 7349 Time to Heal Act H.R. 7185 Home Savings Act H.R. 7051 Investing in the American Dream Act H.R. 7402 Unlocking Homeownership Act Tax Reform H.R.1 One Big Beautiful Bill Act H.R 4327 No Tax on Home Sales Act H.R 1454/S. 631 Rural Historic Tax Credit Improvement Act H.R. 3469/S. 177 Tax Relief for Victims of Crime Scams and Disasters Act Communications with the House and Senate regarding protecting the 1031 like-kind exchange, capital gains tax, IRC Section 121 exclusion increase, the State and Local Tax deduction (SALT), and tax incentives to increase housing, and conversion of commercial property to residential units. Converting Commercial Real Estate to Housing H.R. 2410 Revitalizing Downtowns and Mainstreets Act 199A Deduction H.R.1 - One Big Beautiful Bill Act S.213/HR703 Main Street Tax Certainty Act H.R. 1301 Death Tax Repeal Act Natural Disasters H.R.1105 - Disaster Resiliency and Coverage Act Communications with the House of Representatives supporting H.R. 1491 Disaster Related Extension of Deadlines Act and H.R. 517 The Filing Relief for Natural Disasters Act. Employer Student Loan Repayment Deduction S.772/H.R.1801 - Employer Participation in Repayment Act Communications with the House and Senate regarding commercial real estate conversions to housing, 1031 like-kind exchanges, capital gains tax policy, tax incentives to increase housing supply, and the IRC Section 121 exclusion increasing.

Client expense: $14,580,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

HR 1340, More Homes on the Market Act S3332, More Homes on the Market Act HR 2410, Revitalizing Downtowns and Main Streets Act S. 1773, the Tax Relief for Victims of Crimes, Scams, and Disasters Act, whole bill HR 3469, the Tax Relief for Victims of Crimes, Scams, and Disasters Act, whole bill General education on the impacts of various tax provisions on the supply of housing

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

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

S. 445/H.R. 1091 Carried Interest Fairness Act - ALL H.R. 2410 Revitalizing Downtowns and Main Streets Act - ALL IRC Section 1031 - maintaining current treatment - no bill, Like-Kind Exchange provision IRC Sec 1061 - maintaining current treatment - no bill, 3 year hold for capital gains treatment for partnership interest in connection with performance of services

Client expense: $460,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Lobbied for enactment of tax incentives to facilitate conversions of underutilized commercial buildings to affordable housing (H.R. 2410, The Revitalizing Downtowns and Main Streets Act).

Client expense: $327,191 · Firm income: Not reported

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

H.R. 1103 / S. 479 - New Markets Tax Credit Extension Act of 2025 S. 1515 / H.R. 2725: AHCIA of 2025 S. 1686 / H.R. 2854: Neighborhood Homes Investment Act H.R. 9012: Affordable Housing Credit Carryback Act H.R. 2410 - Revitalizing Downtowns and Main Streets Act of 2025

Client expense: $167,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R. 1340 - More Homes on the Market Act: Doubling and indexing for inflation the exclusion to capital gains on the sale of a primary residence. H.R. 2410 - Revitalizing Downtowns and Main Streets Act: Facilitates the conversion of vacant and underutilized commercial buildings into residential and mixed-use developments. H.R. 3526 - Uplifting First-Time Homebuyers Act: Increases the amount first-time buyers can withdraw from their IRAs without penalty from $10,000 to $50,000 to help with down payments. Efforts by Congress to pass a reconciliation package and provisions that would impact real estate. Issues including the mortgage interest deduction, and the cap on the state and local tax deduction (SALT). Discussed with Congress bills from previous sessions of Congress that would create a tax incentive to offset the cost of converting commercial real estate space to residential units.

Client expense: $70,762 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

HR 8845, FY 2027 Commerce-Justice-Science Appropriations Act, Funding for local programs and projects HR 9310, FY 2027 Homeland Security Appropriations Act, Funding for local programs and projects HR 9171, FY 2027 Interior-Environment Appropriations Act, Funding for local programs and projects HR 9170, FY 2027 Transportation-HUD Appropriations Act, Funding for local programs and projects HR 2289, American Broadband Deployment Act of 2025, Oppose HR 8870, Build America 250 Act, Local surface transportation programs and issues HR 7347, Bridges And Safety Infrastructure for Community Success BASICS Act, Support S 2651, ROAD to Housing Act, Support HR 6644, Housing for the 21st Century Act, Support Reauthorization and reform of the HOME Investment Partnership Reauthorization and reform of CDBG Community Project Funding HR 1255, Investing in Our Communities Act, Support S 1481, A bill to amend the Internal Revenue Code of 1986 to reinstate advance refunding bonds, Support HR 1267, Water System PFAS Liability Protection Act, Support Resource Management PFAS Liability Protection Act Fire Suppression Liability Protection Act, Support Airports PFAS Liability Protection Act, Support HR 4733,LIHWAP Establishment Act, Support Reauthorization of Surface Transportation Programs Airport Programs Funding and financing for local infrastructure projects Municipal Bonds Funding and financing for Local infrastructure projects White Rock Lake Dredging Hensley Field Environmental Remediation and Redevelopment Intercity Passenger Rail Housing Issues Preparations and security for 2026 FIFA World Cup Host Cities Inquiries about quiet zone application pending at the Federal Railroad Administration HR 2410, Revitalizing Downtowns and Main Streets Act, Support 2030 Census

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

HR 2410, Revitalizing Downtowns and Main Streets Act

Client expense: Not reported · Firm income: $15,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R. 2410, Revitalizing Downtowns and Main Streets Act General affordable housing issues FY25/26 funding for Homelessness Assistance Grants FY2025 Continuum of Care grants

Client expense: Not reported · Firm income: $15,000

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

Historic Tax Credit Growth and Opportunity Act (H.R.2941/S.1459) Rural Historic Tax Credit Improvement Act (H.R.1454/S.631) Neighborhood Homes Investment Act (H.R. 2854 / S. 1686) New Markets Tax Credit Extension Act (H.R.1103 / S. 479) Revitalizing Downtowns and Main Streets Act (H.R.2410) Renewing Opportunity in the American Dream (ROAD) to Housing Act of 2025 (S. 2651)

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Like Kind Exchanges Foreign Investment in Real Property Tax Act (FIRPTA) Retail Revitalization Act REIT Tax Modernization Tax Reform Proposals International Tax Proposals Infrastructure Proposals Sustainability Issues/Zero Emissions Buildings Energy Star Modernization of Derivatives Act (MODA) Revitalizing Downtowns and Main Streets Act (HR.2410) Monitor residential rental issues Monitor lodging issues Monitor health care issues (S. 4503) One Big Beautiful Bill Act (H.R. 1) ROAD to Housing Act (S. 2651) Stop Medical Profiteering & Theft Act (S.2989) Take Back Our Hospitals Act (S.4085) Digital Asset PARITY Act

Client expense: $1,720,000 · Firm income: Not reported

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

Like Kind Exchanges Foreign Investment in Real Property Tax Act (FIRPTA) Retail Revitalization Act REIT Tax Modernization Tax Reform Proposals International Tax Proposals Infrastructure Proposals Sustainability Issues/Zero Emissions Buildings Energy Star Modernization of Derivatives Act (MODA) Revitalizing Downtowns and Main Streets Act (HR.2410) Monitor residential rental issues Monitor lodging issues Monitor health care issues (S. 4503) One Big Beautiful Bill Act (H.R. 1) ROAD to Housing Act (S. 2651) Stop Medical Profiteering & Theft Act (S.2989) Take Back Our Hospitals Act (S.4085) Digital Asset PARITY Act

Client expense: $1,720,000 · Firm income: Not reported

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

Tax depreciation and interest deductibility rules applicable to multifamily and rental housing; including, Rental Housing Investment Act, all provisions (S.4080) and American Homeownership Act, all provisions (S. 3904). Low-Income Housing and Workforce Housing Tax Credit (including efforts to improve utilization and outcomes), Middle-Income Housing Tax Credit Proposal, Workforce Housing Tax Credit / (Middle-Income Housing Tax Credit Proposal), Workforce Housing Tax Credit Act (S. 3436 / H.R. 6686) (118th Congress), Affordable Housing Credit Improvement Act (H.R. 2725 / S. 1515). American Affordability Act, Title I -- Housing and Municipal Infrastructure, all provisions (H.R. 6900). Incentives for development of affordable housing. Like-Kind Exchanges (Sec. 1031) Adaptive Reuse, including Revitalizing Downtowns and Main Streets Act (H.R. 2410) Opportunity Zone reform, to promote the rehabilitation and preservation of multifamily housing in all Opportunity Zones. Treasury / IRS Proposed Rule on Income of Foreign Governments and of International Organizations Treasury / IRS Rules on Income of Foreign Governments and of International Organizations

Client expense: $2,650,000 · Firm income: Not reported

Government targets: Executive Office of the President (EOP), HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), SENATE, Treasury, Dept of

FY 2027 Commerce-Justice-Science Appropriations Act, Funding for local programs and projects FY 2027 Homeland Security Appropriations Act, Funding for local programs and projects FY 2027 Interior-Environment Appropriations Act, Funding for local programs and projects FY 2027 Transportation-HUD Appropriations Act, Funding for local programs and projects S 2651, ROAD to Housing Act, Support HR 6644, Housing for the 21st Century Act, Support Reauthorization and reform of the HOME Investment Partnership Reauthorization and reform of CDBG Community Project Funding HR 1255, Investing in Our Communities Act, Support S 1481, A bill to amend the Internal Revenue Code of 1986 to reinstate advance refunding bonds, Support HR 1267, Water System PFAS Liability Protection Act, Support Resource Management PFAS Liability Protection Act Fire Suppression Liability Protection Act, Support Airports PFAS Liability Protection Act, Support HR 4733,LIHWAP Establishment Act, Support Reauthorization of Surface Transportation Programs Airport Programs Funding and financing for local infrastructure projects Municipal Bonds Funding and financing for Local infrastructure projects White Rock Lake Dredging Hensley Field Environmental Remediation and Redevelopment Intercity Passenger Rail Housing Issues Fentanyl Safe Testing and Overdose Prevention Act, Support Preparations and security for 2026 FIFA World Cup Host Cities Inquiries about quiet zone application pending at the Federal Railroad Administration HR 7437, Bridges And Safety Infrastructure for Community Success Act, Support HR 2289, American Broadband Deployment act, Oppose HR 2410, Revitalizing Downtowns and Main Streets Act, Support 2030 Census

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R. 1340 - More Homes on the Market Act: Doubling and indexing for inflation the exclusion to capital gains on the sale of a primary residence. H.R. 2410 - Revitalizing Downtowns and Main Streets Act: Facilitates the conversion of vacant and underutilized commercial buildings into residential and mixed-use developments. H.R. 3526 - Uplifting First-Time Homebuyers Act: Increases the amount first-time buyers can withdraw from their IRAs without penalty from $10,000 to $50,000 to help with down payments. Efforts by Congress to pass a reconciliation package and provisions that would impact real estate. Issues including the mortgage interest deduction, and the cap on the state and local tax deduction (SALT). Discussed with Congress bills from previous sessions of Congress that would create a tax incentive to offset the cost of converting commercial real estate space to residential units.

Client expense: $72,885 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

S. 1686/H.R. 5940 - Reforming Disaster Recovery Act H.R. 4957/ S. 1260 - Rural Housing Service Reform Act of 2023 S. 2651 - ROAD to Housing Act of 2025 S. Amendment 3732 to S. 2296 - Package of CDFI amendments that were added to the Senates National Defense Authorization Act H.R. 4572 - Save Affordable Housing Act of 2025 H.R. 2410 - Revitalizing Downtowns and Main Streets Act of 2025 H.R. 6644 - Housing for the 21st Century Act H.R. 5913 / S. 2464 - Community Investment and Prosperity Act

Client expense: $83,950 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

S. 445/H.R. 1091 Carried Interest Fairness Act - ALL H.R. 2410 Revitalizing Downtowns and Main Streets Act - ALL IRC Section 1031 - maintaining current treatment - no bill, Like-Kind Exchange provision IRC Sec 1061 - maintaining current treatment - no bill, 3 year hold for capital gains treatment for partnership interest in connection with performance of services

Client expense: $370,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Lobbied for enactment of tax incentives to facilitate conversions of underutilized commercial buildings to affordable housing (H.R. 2410, The Revitalizing Downtowns and Main Streets Act). Lobbied to allow real property trade or businesses (RPTOB) to modify a prior election made under Section 163(j)(7)(B) in order to ensure eligibility for 100% Bonus Depreciation in accordance with the One Big Beautiful Bill Act (OBBBA).

Client expense: $378,112 · Firm income: Not reported

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

H.R. 2410, Revitalizing Downtowns and Main Streets Act General affordable housing issues FY26 funding for Homelessness Assistance Grants FY2025 Continuum of Care grants

Client expense: Not reported · Firm income: $15,000

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

HR 2410, Revitalizing Downtowns and Main Streets Act

Client expense: Not reported · Firm income: $15,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

HR 2410, Revitalizing Downtowns and Main Streets Act

Client expense: Not reported · Firm income: $15,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R. 2410, Revitalizing Downtowns and Main Streets Act General affordable housing issues FY26 funding for Homelessness Assistance Grants FY2025 Continuum of Care grants

Client expense: Not reported · Firm income: $15,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Historic Tax Credit Growth and Opportunity Act (H.R.2941/S.1459) Rural Historic Tax Credit Improvement Act (H.R.1454/S.631) Neighborhood Homes Investment Act (H.R. 2854 / S. 1686) New Markets Tax Credit Extension Act (H.R.1103 / S. 479) Revitalizing Downtowns and Main Streets Act (H.R.2410) Renewing Opportunity in the American Dream (ROAD) to Housing Act of 2025 (S. 2651)

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R. 1 - One Big Beautiful Bill Act: C.A.R. advocated on the state and local tax deduction provision of the bill. H.R. 1340 - More Homes on the Market Act: Doubling and indexing for inflation the exclusion to capital gains on the sale of a primary residence. H.R. 2410 - Revitalizing Downtowns and Main Streets Act: Facilitates the conversion of vacant and underutilized commercial buildings into residential and mixed-use developments. H.R. 3526 - Uplifting First-Time Homebuyers Act: Increases the amount first-time buyers can withdraw from their IRAs without penalty from $10,000 to $50,000 to help with down payments. Efforts by Congress to pass a reconciliation package and provisions that would impact real estate. Issues including the mortgage interest deduction, and the cap on the state and local tax deduction (SALT). Discussed with Congress bills from previous sessions of Congress that would create a tax incentive to offset the cost of converting commercial real estate space to residential units.

Client expense: $80,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

S. 1686/H.R. 5940 - Reforming Disaster Recovery Act S. 3793/H.R. 7075 - HOME Investment Partnerships Reauthorization and Improvement Act of 2024 H.R. 4957/ S. 1260 - Rural Housing Service Reform Act of 2023 S. 2651 - ROAD to Housing Act of 2025 S. Amendment 3732 to S. 2296 - Package of CDFI amendments that were added to the Senates National Defense Authorization Act H.R. 4572 - Save Affordable Housing Act of 2025 H.R. 2410 - Revitalizing Downtowns and Main Streets Act of 2025 H.R. 6644 - Housing for the 21st Century Act H.R. 5913 / S. 2464 - Community Investment and Prosperity Act To be introduced - HOME Reform Act of 2025

Client expense: $77,564 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

- H.R. 1177 - Improve and Enhance the Work Opportunity Tax Credit Act - H.R. 2410 - Revitalizing Downtowns and Main Streets Act - Incentivize Adaptive Reuse of Underutilized Commercial Properties - H.R. 2036 / S. 925 - Credit for Caring Act - H.R. 2082 - Well-Being Insurance for Seniors to be at Home (WISH) Act - H.R. 1321 / S. 3332 - More Homes on the Market Act

Client expense: $75,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Like Kind Exchanges Foreign Investment in Real Property Tax Act (FIRPTA) REIT Tax Modernization Tax Reform Proposals International Tax Proposals Infrastructure Proposals Main Street Tax Certainty Act (S.1706) Taxable REIT Subsidiary Limit (S. 1334, HR.5275) Sustainability Issues/Zero Emissions Buildings Modernization of Derivatives Act (MODA) Revitalizing Downtowns and Main Streets Act (HR.2410) Monitor residential rental issues Monitor lodging issues Monitor health care issues (S. 4503) One Big Beautiful Bill Act (H.R. 1) ROAD to Housing Act (S. 2651) Stop Medical Profiteering & Theft Act (S.2989) Digital Asset PARITY Act

Client expense: $1,213,000 · Firm income: Not reported

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

HR 2410, Revitalizing Downtowns and Main Streets Act S. 1773, the Tax Relief for Victims of Crimes, Scams, and Disasters Act, whole bill HR 3469, the Tax Relief for Victims of Crimes, Scams, and Disasters Act, whole bill General education on the impacts of various tax provisions on the supply of housing

Client expense: $270,000 · Firm income: Not reported

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

S. 445/H.R. 1091 Carried Interest Fairness Act - ALL H.R. 2410 Revitalizing Downtowns and Main Streets Act - ALL IRC Section 164 - maintaining current treatment - no bill, Business SALT deduction provision IRC Section 1031 - maintaining current treatment - no bill, Like-Kind Exchange provision IRC Sec 1061 - maintaining current treatment - no bill, 3 year hold for capital gains treatment for partnership interest in connection with performance of services H.R. 1 Title VII - FINANCE, as introduced 6/16/2025 Sec. 70105. Extension and enhancement of deduction for qualified business income. Sec. 70301. Full expensing for certain business property. Sec. 70303. Modification of limitation on business interest. Sec. 70361. Enforcement of Remedies Against Unfair Foreign Taxes. Sec. 70601. Limitation on individual deductions for certain State and local taxes, etc. (SALT) and addressing SALT workarounds.

Client expense: $550,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Revenue-Raising Provisions Retaining current law with regard to like-kind exchanges. Retaliatory Tax Measures and Proposed Section 899 H.R. 5336, Equal Tax Act, to amend the Internal Revenue Code of 1986 to equalize treatment of capital gains and earned income, all provisions. Depreciation Tax depreciation rules applicable to multifamily structures. Low-Income Housing Tax Credit, Workforce Housing Tax Credit & Community Development Workforce Housing Tax Credit: Establishment of a Workforce Housing Tax Credit to spur production of multifamily housing for households earning up to 100 percent of area median income. S. 3436 (118th Congress), Workforce Housing Tax Credit Act, to amend the Internal Revenue Code of 1986 to provide a credit for middle-income housing, and for other purposes, all provisions. H.R. 6686 (118th Congress), Workforce Housing Tax Credit Act, to amend the Internal Revenue Code of 1986 to provide a credit for middle-income housing, and for other purposes, all provisions. H.R. 2725, Affordable Housing Credit Improvement Act of 2025, to amend the Internal Revenue Code of 1986 to reform the low-income housing credit, and for other purposes, all provisions, in particular issues relating to increased tax credit authority and tax-exempt bond financing requirements. S. 1515, Affordable Housing Credit Improvement Act of 2025, a bill to amend the Internal Revenue Code of 1986 to reform the low-income housing credit, and for other purposes, all provisions. H.R. 6900, American Affordability Act, to amend the Internal Revenue Code of 1986 to address the nation's cost-of-living-crisis, Title I -- Housing and Municipal Infrastructure, all provisions. H.R. 2854, Neighborhood Homes Investment Act, to amend the Internal Revenue Code of 1986 to establish a tax credit for neighborhood revitalization, and for other purposes, all provisions. S. 1686, Neighborhood Homes Investment Act, to amend the Internal Revenue Code of 1986 to establish a tax credit for neighborhood revitalization, and for other purposes, all provisions. Draft legislation, to amend the Internal Revenue Code of 1986 to exclude from gross income grants supporting the development of affordable housing, all provisions. Issues pertaining to and potential for additional policies necessary for successful implementation of changes to Low-Income Housing Tax Credit enacted in One Big Beautiful Bill Act. Studied ways to reduce the cost of producing housing under the Low-Income Housing Tax Credit program. Adaptive Reuse H.R. 2410, Revitalizing Downtowns and Main Streets Act, to amend the Internal Revenue Code of 1986 to provide an investment credit for converting non-residential buildings to affordable housing, all provisions. Opportunity Zones To promote the rehabilitation and preservation of multifamily housing in all Opportunity Zones nationwide (not only Opportunity Zones located in rural areas), Congress should reduce the basis increase necessary to qualify a multifamily rehabilitation project for Opportunity Zone purposes to no higher than 50 percent.

Client expense: $1,560,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Lobbied for enactment of tax incentives to facilitate conversions of underutilized commercial buildings to affordable housing (H.R. 2410, The Revitalizing Downtowns and Main Streets Act).

Client expense: $334,774 · Firm income: Not reported

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

, A bill to amend the Cranston-Gonzalez National Affordable Housing Act to encourage expansion of the supply of decent, safe, sanitary, and , A bill to authorize a grant program for the development and implementation of local policies to reduce local regulatory barriers and streamline S. 2361, S. 2651 210, Accelerating Home Building Act of 2025; H.R.2725 | S.1515, Affordable Housing Credit Improvement Act of 2025 , Affordable housing, with primary attention to rental housing, and for other purposes; S. 2391, S. 2651 207, Better Use of Intergovernmental and Local Development (BUILD) Housing Act; H.R.815, Brownfields Redevelopment Tax Incentive Reauthorization Act of 2025; H.R.4576, S.2363, S.2651 S.211, Build More Housing Near Transit Act of 2025; S. 2441, S. 2651 206, Build Now Act of 2025; H.R.1981 | S.890, Choice in Affordable Housing Act of 2025; S. 2464, S. 2651 205, Community Investment and Prosperity Act; S. 2651 401, Creating Incentives for Small Dollar Loan Originators; H.R.1055, Creating Opportunities for New Skills Training at Rural or Underserved Colleges at Trade Schools (CONSTRUCTS) Act of 2025; H.R.3459, Empty Lots to Housing Act; H.R.5601, Faith in Housing Act of 2025; S.1459, Historic Tax Credit Growth and Opportunity Act of 2025; S. 948, HOME Investment Partnerships Reauthorization and Improvement Act of 2025; H.R.5798, HOME Reform Act of 2025 S. 1527, S. 2651 213, Housing Affordability Act; H.R.6644, Housing for the 21st Century Act S. 2414, Housing Supply Expansion Act of 2025; H.R.2840 | S.1299, Housing Supply Frameworks Act; S. 1695, S. 2651 80, HUD-USDA-V A Interagency Coordination Act; H.R.4659 | S.2416, Identifying Regulatory Barriers to Housing Supply Act; S. 2651 202, Increasing Housing in Opportunity Zones; S. 2651 209, Innovation Fund; , Issues related to 203(k) Rehabilitation Mortgage Insurance Program and FHA Title I Loan programs; , Issues related to ordinary income dealer treatment for missing middle builders; , Issues related to Surplus Federal Land for Affordable Housing Development; S. 2489, Modular Housing Production Act; S.2296, National Defense Authorization Act for Fiscal Year 2026 H.R.2854, Neighborhood Homes Investment Act, 2025; H.R.2710, People Over Parking Act; S. 943, Preservation and Reinvestment Initiative for Community Enhancement (PRICE) Act; , Processes that impede housing production, and for other purposes; S. 964, Property Improvement and Manufactured Housing Loan Modernization Act of 2025; S. 2651 501, Reforming Disaster Recovery Act; S. 2651 201, Rental Assistance Demonstration (RAD) Reform; H.R.2410, Revitalizing Downtowns and Main Streets Act; S.2460, S. 2651 212, Revitalizing Empty Structures Into Desirable Environments (RESIDE) Act; S.2651, ROAD to Housing Act of 2025; S.1260, Rural Housing Service Reform Act of 2025; S.2651 402, Small Dollar Mortgage Points and Fees; S.885, Strategy and Investment in Rural Housing Preservation Act of 2025; H.R.5263, Streamlining Manufactured Housing Standards Act S. 2423, Streamlining Rural Housing Act of 2025; H.R.5105, UNLOCK Act H.R.4660, S.2390, S.2651 208, Unlocking Housing Supply Through Streamlined and Modernized Reviews Act; S.127, S.2651 204, Whole-Home Repairs Act of 2025; S.2651, ROAD to Housing Act of 2025; S.1260, Rural Housing Service Reform Act of 2025; S.2651 402, Small Dollar Mortgage Points and Fees; S.885, Strategy and Investment in Rural Housing Preservation Act of 2025; H.R.5263, Streamlining Manufactured Housing Standards Act S. 2423, Streamlining Rural Housing Act of 2025; H.R.5105, UNLOCK Act H.R.4660, S.2390, S.2651 208, Unlocking Housing Supply Through Streamlined and Modernized Reviews Act; S.127, S.2651 204, Whole-Home Repairs Act of 2025;

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

S. 445/H.R. 1091 Carried Interest Fairness Act - ALL H.R. 2410 Revitalizing Downtowns and Main Streets Act - ALL IRC Section 164 - maintaining current treatment - no bill, Business SALT deduction provision IRC Section 1031 - maintaining current treatment - no bill, Like-Kind Exchange provision IRC Sec 1061 - maintaining current treatment - no bill, 3 year hold for capital gains treatment for partnership interest in connection with performance of services H.R. 1 Title VII - FINANCE, as introduced 6/16/2025 Sec. 70105. Extension and enhancement of deduction for qualified business income. Sec. 70301. Full expensing for certain business property. Sec. 70303. Modification of limitation on business interest. Sec. 70361. Enforcement of Remedies Against Unfair Foreign Taxes. Sec. 70601. Limitation on individual deductions for certain State and local taxes, etc. (SALT) and addressing SALT workarounds.

Client expense: $480,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

A bill to amend the Cranston-Gonzalez National Affordable Housing Act to encourage expansion of the supply of decent, safe, sanitary, and affordable housing, with primary attention to rental housing, and for other purposes; A bill to authorize a grant program for the development and implementation of local policies to reduce local regulatory barriers and streamline processes that impede housing production, and for other purposes; Issues related to 203(k) rehabilitation mortgage insurance program and FHA title I loan programs; Issues related to surplus federal land for affordable housing development; Issues related to ordinary income dealer treatment for missing middle builders; H.R. 1055, the Creating Opportunities for New Skills Training at Rural or Underserved Colleges at Trade Schools (CONSTRUCTS) Act of 2025; H.R. 1981, S.890, the Choice in Affordable Housing Act of 2025; H.R. 2410, the Revitalizing Downtowns and Main Streets Act; H.R. 2725, S. 1515, the Affordable Housing Credit Improvement Act of 2025; H.R. 2840, S. 1299, S. 2651 203, the Housing Supply Frameworks Act; H.R. 3459, the Empty Lots to Housing Act; H.R. 4576, S. 2363, S. 2651 211, the Build More Housing Near Transit Act of 2025; H.R. 4659, S. 2416, the Identifying Regulatory Barriers to Housing Supply Act; H.R. 4660, S. 2390, S. 2651 208, the Unlocking Housing Supply Through Streamlined and Modernized Reviews Act; H.R. 5601, the Faith in Housing Act of 2025; H.R. 815, the Brownfields Redevelopment Tax Incentive Reauthorization Act of 2025; H.R.2710, the People Over Parking Act of 2025; S. 1260, the Rural Housing Service Reform Act of 2025; S. 127, S. 2651 204, the Whole-Home Repairs Act of 2025; S. 1459, the Historic Tax Credit Growth and Opportunity Act of 2025; S. 1527, S. 2651 213, the Housing Affordability Act; S. 1695, S. 2651 801, the HUD-USDA-VA Interagency Coordination Act; S. 2361, S. 2651 210, the Accelerating Home Building Act of 2025; S. 2391, S. 2651 207, the Better Use of Intergovernmental and Local Development (BUILD) Housing Act; S. 2414, the Housing Supply Expansion Act of 2025; S. 2423, the Streamlining Rural Housing Act of 2025; S. 2441, S. 2651 206, the Build Now Act of 2025; S. 2460, S. 2651 212, the Revitalizing Empty Structures Into Desirable Environments (RESIDE) Act; S. 2464, S. 2651 205, the Community Investment and Prosperity Act; S. 2489, the Modular Housing Production Act; S. 2651 201, Rental Assistance Demonstration (RAD) Reform; S. 2651 202, Increasing Housing in Opportunity Zones; S. 2651 209, Innovation Fund; S. 2651 401, the Creating Incentives for Small Dollar Loan Originators; S. 2651 402, Small Dollar Mortgage Points and Fees; S. 2651 501, the Reforming Disaster Recovery Act; S. 2651, the ROAD to Housing Act of 2025; H.R. 2854, the Neighborhood Homes Investment Act; S. 943, the Preservation and Reinvestment Initiative for Community Enhancement (PRICE) Act; S. 948, the HOME Investment Partnerships Reauthorization and Improvement Act of 2025; S. 964, the Property Improvement and Manufactured Housing Loan Modernization Act of 2025; and, S. 885, the Strategy and Investment in Rural Housing Preservation Act of 2025.

Client expense: $80,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Tax Reconciliation & Tax Law Permanency H.R. 1, to provide for reconciliation pursuant to title II of H. Con. Res. 14, Title VII--Finance, Subtitle A--Tax, Chapter 1--Providing Permanent Tax Relief for Middle-Class Families and Workers, Sec. 70101: Extension and Enhancement of Reduced Rates, Sec. 70105: Extension and Enhancement of Deduction for Qualified Business Income, Sec. 70106: Extension and Enhancement of Increased Estate and Gift Tax Exemption Amounts, and Sec. 70111: Limitation on Tax Benefits of Itemized Deductions; Chapter 3-Establishing Certainty and Competitiveness for American Job Creators, Subchapter A--Permanent U.S. Business Tax Reform and Boosting Domestic Investment, Sec. 70301: Full Expensing for Certain Business Property, Sec 70303: Modification of Limitation on Business Interest, and Sec. 70306: Increased Dollar Limitations for Expensing of Certain Depreciable Business Assets; Chapter 4--Investing in American Families, Communities, and Small Businesses, Subchapter C--Permanent Investments in Community Development, Sec. 70421: Permanent Renewal and Enhancement of Opportunity Zones and Sec 70422: Permanent Enhancement of Low-Income Housing Tax Credit; Chapter 5:--Ending Green New Deal Spending, Promoting America-First Energy, and Other Reforms, Subchapter A--Termination of Green New Deal Subsidies, Sec 70507: Termination of Energy Efficient Commercial Buildings Deduction; Sec. 70508: Termination of New Energy Efficient Home Credit; Sec. 70512: Termination and Restrictions on Clean Electricity Production Credit; and Sec. 70513: Termination and Restrictions on Clean Electricity Investment Credit; Chapter 6--Enhancing Deduction and Income Tax Credit Guardrails, and Other Reforms, Sec. 70601: Modification and Extension of Limitation on Excess Business Losses by Noncorporate Taxpayers. S. Amdt. 2630 to H.R. 1, One Big Beautiful Bill Act, to provide for reconciliation pursuant to title II of H. Con. Res. 14, Amendment in the Nature of a Substitute, Title IV--Committee on Commerce, Science, and Transportation, Sec. 40012: Support for Artificial Intelligence Under the Broadband Equity, Access, and Deployment Program; Title VII--Finance, Subtitle A--Tax, Chapter 1--Providing Permanent Tax Relief for Middle-Class Families and Workers, Sec. 70101: Extension and Enhancement of Reduced Rates, Sec. 70105: Extension and Enhancement of Deduction for Qualified Business Income, Sec. 70106: Extension and Enhancement of Increased Estate and Gift Tax Exemption Amounts, and Sec. 70111: Limitation on Tax Benefits of Itemized Deductions; Chapter 3-Establishing Certainty and Competitiveness for American Job Creators, Subchapter A--Permanent U.S. Business Tax Reform and Boosting Domestic Investment, Sec. 70301: Full Expensing for Certain Business Property, Sec 70303: Modification of Limitation on Business Interest, and Sec. 70306: Increased Dollar Limitations for Expensing of Certain Depreciable Business Assets; Chapter 4--Investing in American Families, Communities, and Small Businesses, Subchapter C--Permanent Investments in Community Development, Sec. 70421: Permanent Renewal and Enhancement of Opportunity Zones and Sec 70422: Permanent Enhancement of Low-Income Housing Tax Credit; Chapter 5:--Ending Green New Deal Spending, Promoting America-First Energy, and Other Reforms, Subchapter A--Termination of Green New Deal Subsidies, Sec 70507: Termination of Energy Efficient Commercial Buildings Deduction; Sec. 70508: Termination of New Energy Efficient Home Credit; Sec. 70512: Termination and Restrictions on Clean Electricity Production Credit; and Sec. 70513: Termination and Restrictions on Clean Electricity Investment Credit; Chapter 6--Enhancing Deduction and Income Tax Credit Guardrails, and Other Reforms, Sec. 70601: Modification and Extension of Limitation on Excess Business Losses by Noncorporate Taxpayers. S. Amdt. 2848 to S. Admt. 2630 to H.R. 1, to provide for reconciliation pursuant to title II of H. Con. Res. 14, Title VII--Finance, Subtitle A--Tax, Chapter 1--Providing Permanent Tax Relief for Middle-Class Families and Workers, Sec. 70101: Extension and Enhancement of Reduced Rates, Sec. 70105: Extension and Enhancement of Deduction for Qualified Business Income, Sec. 70106: Extension and Enhancement of Increased Estate and Gift Tax Exemption Amounts, and Sec. 70111: Limitation on Tax Benefits of Itemized Deductions; Chapter 3-Establishing Certainty and Competitiveness for American Job Creators, Subchapter A--Permanent U.S. Business Tax Reform and Boosting Domestic Investment, Sec. 70301: Full Expensing for Certain Business Property, Sec 70303: Modification of Limitation on Business Interest, and Sec. 70306: Increased Dollar Limitations for Expensing of Certain Depreciable Business Assets; Chapter 4--Investing in American Families, Communities, and Small Businesses, Subchapter C--Permanent Investments in Community Development, Sec. 70421: Permanent Renewal and Enhancement of Opportunity Zones and Sec 70422: Permanent Enhancement of Low-Income Housing Tax Credit; Chapter 5:--Ending Green New Deal Spending, Promoting America-First Energy, and Other Reforms, Subchapter A--Termination of Green New Deal Subsidies, Sec 70507: Termination of Energy Efficient Commercial Buildings Deduction; Sec. 70508: Termination of New Energy Efficient Home Credit; Sec. 70512: Termination and Restrictions on Clean Electricity Production Credit; and Sec. 70513: Termination and Restrictions on Clean Electricity Investment Credit; Chapter 6--Enhancing Deduction and Income Tax Credit Guardrails, and Other Reforms, Sec. 70601: Modification and Extension of Limitation on Excess Business Losses by Noncorporate Taxpayers. Maintaining current-law ordinary income tax rates, the Section 199A 20-percent qualified business income deduction, and estate tax rules. Revenue-Raising Provisions Retaining current law with regard to like-kind exchanges. Carried interest treatment with regard to long-term capital gains.  Low-Income Housing Tax Credit, Workforce Housing Tax Credit & Community Development Workforce Housing Tax Credit: Establishment of a Workforce Housing Tax Credit to spur production of multifamily housing for households earning up to 100 percent of area median income. S. 3436 (118th Congress), Workforce Housing Tax Credit Act, to amend the Internal Revenue Code of 1986 to provide a credit for middle-income housing, and for other purposes, all provisions. H.R. 6686 (118th Congress), Workforce Housing Tax Credit Act, to amend the Internal Revenue Code of 1986 to provide a credit for middle-income housing, and for other purposes, all provisions. H.R. 2725, Affordable Housing Credit Improvement Act of 2025, to amend the Internal Revenue Code of 1986 to reform the low-income housing credit, and for other purposes, all provisions, in particular issues relating to increased tax credit authority and tax-exempt bond financing requirements. S. 1515, Affordable Housing Credit Improvement Act of 2025, a bill to amend the Internal Revenue Code of 1986 to reform the low-income housing credit, and for other purposes, all provisions. H.R. 2854, Neighborhood Homes Investment Act, to amend the Internal Revenue Code of 1986 to establish a tax credit for neighborhood revitalization, and for other purposes, all provisions. S. 1686, Neighborhood Homes Investment Act, to amend the Internal Revenue Code of 1986 to establish a tax credit for neighborhood revitalization, and for other purposes, all provisions. Possible cost reductions in producing housing under the Low-Income Housing Tax Credit program. Adaptive Reuse H.R. 2410, Revitalizing Downtowns and Main Streets Act, to amend the Internal Revenue Code of 1986 to provide an investment credit for converting non-residential buildings to affordable housing, all provisions. Opportunity Zones To promote the rehabilitation and preservation of multifamily housing in all Opportunity Zones nationwide (not only Opportunity Zones located in rural areas).

Client expense: $1,810,000 · Firm income: Not reported

Government targets: Council of Economic Advisers (CEA), HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), Justice, Dept of (DOJ), Office of Management & Budget (OMB), SENATE

HR 2410, Revitalizing Downtowns and Main Streets Act S. 1773, the Tax Relief for Victims of Crimes, Scams, and Disasters Act, whole bill HR 3469, the Tax Relief for Victims of Crimes, Scams, and Disasters Act, whole bill General education on the impacts of various tax provisions on the supply of housing

Client expense: $230,000 · Firm income: Not reported

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

- H.R. 1177 - Improve and Enhance the Work Opportunity Tax Credit Act - H.R. 2410 - Revitalizing Downtowns and Main Streets Act - Incentivize Adaptive Reuse of Underutilized Commercial Properties - H.R. 2036 / S. 925 - Credit for Caring Act - H.R. 2082 - Well-Being Insurance for Seniors to be at Home (WISH) Act - H.R. 1321 - More Homes on the Market Act - Preservation of Carried Interest Tax Treatment - Preservation of Full Deductibility of Business-Related Property Taxes (B-SALT) - Section 199A of Internal Revenue Code - Deduction for Qualified Business Income (QBI) in Assisted Living Residence - H.R.1 - One Big Beautiful Bill Act - Section 899, Enforcement of Remedies Against Unfair Foreign Taxes of the House passed Budget Reconciliation bill to exempt non-controlling investments in U.S. real estate, regardless of whether those investments are made through equity or debt

Client expense: $75,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

HR 2410, Revitalizing Downtowns and Main Streets Act S. 1773, the Tax Relief for Victims of Crimes, Scams, and Disasters Act, whole bill HR 3469, the Tax Relief for Victims of Crimes, Scams, and Disasters Act, whole bill General education on the impacts of various tax provisions on the supply of housing

Client expense: $360,000 · Firm income: Not reported

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

H.R. 1 - One Big Beautiful Bill Act: C.A.R. advocated on the state and local tax deduction provision of the bill. H.R. 1340 - More Homes on the Market Act: Doubling and indexing for inflation the exclusion to capital gains on the sale of a primary residence. H.R. 2410 - Revitalizing Downtowns and Main Streets Act: Facilitates the conversion of vacant and underutilized commercial buildings into residential and mixed-use developments. H.R. 3526 - Uplifting First-Time Homebuyers Act: Increases the amount first-time buyers can withdraw from their IRAs without penalty from $10,000 to $50,000 to help with down payments. Efforts by Congress to pass a reconciliation package and provisions that would impact real estate. Issues including the mortgage interest deduction, and the cap on the state and local tax deduction (SALT). Discussed with Congress bills from previous sessions of Congress that would create a tax incentive to offset the cost of converting commercial real estate space to residential units.

Client expense: $7,625 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

S. 1686/H.R. 5940 - Reforming Disaster Recovery Act S. 3793/H.R. 7075 - HOME Investment Partnerships Reauthorization & Improvement Act of 2024 H.R. 4957/ S. 1260 - Rural Housing Service Reform Act of 2023 S. 2651 - ROAD to Housing Act of 2025 H.R. 4572 - Save Affordable Housing Act of 2025 H.R. 2410 - Revitalizing Downtowns and Main Streets Act of 2025 To be introduced - HOME Reform Act of 2025

Client expense: $71,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE