ACTION Campaign Monthly Call Rescheduled for Friday, July 12
The ACTION Campaign’s monthly call on Friday, July 12 at 2 pm EST. ACTION’s monthly calls are typically held on the first Friday of the month; however, July’s call has been rescheduled to Friday, July 12 due to the July 4 holiday.
- Phone number: 866-469-3239
- Access Code: 625 036 783 #
Time to Take Action and Garner Bipartisan Support for AHCIA!
On June 4, the Affordable Housing Credit Improvement Act (AHCIA) was reintroduced in both the Senate (S.1703) and the House (H.R.3077). The reintroduction of this bipartisan, consensus bill follows months of work from the Congressional offices leading on the bill, the ACTION Campaign, and other national and state partners. ACTION applauds the bill’s Congressional champions for their leadership and support of the Housing Credit, and we thank our national coalition of partners for their passionate and nimble advocacy!
We especially thank our Senate leads, Senators Maria Cantwell (D-WA), Todd Young (R-IN), Ron Wyden (D-OR), and Johnny Isakson (R-GA), and our House leads, Representatives Suzan DelBene (D-WA), Kenny Marchant (R-TX), Don Beyer (D-VA), and Jackie Walorski (R-IN).
Since its introduction, ACTION has already been busy meeting with Congressional offices and drumming up new and renewed bipartisan support for both the Senate and House bills. The House bill (H.R.3077) has already collected a total of 38 co-sponsors. The Senate bill is generating a bipartisan list of co-sponsors which will be publicly filed in the near future.
Please join us in thanking our Congressional champions! If one of your elected officials has already co-sponsored the AHCIA, please take a moment to thank them for their support by email or phone. ACTION has provided sample thank you text for Senate and House co-sponsors, available in our advocacy toolkit.
Now is the time for ACTION’s powerful and extensive network to take action and garner as much bipartisan support for the AHCIA as we can. More than 2,200 national, state, and local organizations signed on to ACTION’s letter urging Congress to advance the AHCIA. On the July 12 ACTION call, we will discuss tips and strategies for advocating for the AHCIA, but here are some starter suggestions:
- Review the key provisions of the bill. ACTION will be producing and sharing advocacy resources to explain the many provisions in the AHCIA (stay tuned for video clips!), but to start, advocates can read a one-page summary, review a new resource highlighting the enhancements to the latest version of the AHCIA, or look up a brief explainer for a specific provision in our detailed bill summary.
- Prepare to share your local perspective on why we need to build and preserve more affordable housing. The bill may be technical, but your advocacy message does not have to be! It is powerful for Members of Congress to hear from her/his constituents about the affordable housing needs at home. Share your perspective on why we need to build and preserve more affordable housing, how the need for affordable housing is impacting your community, and why this is a top issue for constituents at home. If you can, it’s also extremely helpful to share updates and/or pictures of recent Housing Credit properties and describe that development’s benefits to showcase how the Housing Credit is our most successful tool for financing affordable housing developments.
- Schedule district office meetings with your elected officials or reach out to us if you’re planning a trip to DC. Congress is on recess this week—the week of July 1—and will be again in August. Reach out to your Members’ district offices and invite them to tour a site or request a meeting while they are at home. Or if you’re planning a trip to DC, you can reach out to us for help scheduling and preparing for meetings on the Hill (email sbrundage).
- Utilize ACTION resources for your advocacy. ACTION has produced numerous resources for advocates to prepare and share when meeting with Members of Congress. We recommend bringing along copies of the following resources to leave behind:
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Other Related Legislation
Qualified contract stand-alone bill, The Save Affordable Housing Act, introduced. On June 25, legislators introduced a bipartisan bill, The Save Affordable Housing Act of 2019, that would amend the qualified contract provision in Section 42 of the Internal Revenue Code. The Save Affordable Housing Act of 2019 was introduced with bipartisan support in both the Senate and the House. The Senate bill (S.1956) was introduced by Senators Ron Wyden (D-WA) and Todd Young (R-IN), with Senators Ben Cardin (D-MD) and Sherrod Brown (D-OH) as original co-sponsors, and the House bill (H.R.3479) was introduced by Representative Joe Neguse (D-CO-02), Don Beyer (D-VA-08), and Jackie Walorski (R-IN-02).
The Save Affordable Housing Act of 2019 would:
- Repeal the qualified contract option in Section 42 for future developments (after December 31, 2018), thus eliminating the qualified contract provision being used as an opt-out for properties awarded credits or bonds beginning in 2019; and
- Correct the statutory price for purchase of existing properties so that it is based on the fair market value of the property as affordable housing.
The Save Affordable Housing Act of 2019 aims to ensure that both current and future affordable housing properties financed by the Housing Credit fulfill the program’s 30-year affordability commitment.
LIHTC-DR boost for California advances in recent tax extenders package. On June 18, the House Ways and Means Committee marked-up and passed four bills, including H.R. 3301, The Taxpayer Certainty and Disaster Tax Relief Act of 2019. Introduced by Representative Mike Thompson (D-CA-05), this bill includes a temporary increase in Housing Credit authority for 2017 and 2018 disaster areas in California. This bill was advanced by Committee Chairman Richard Neal (D-MA) as part of a tax credits package and was approved out of Committee.