Advocacy

A Marketing Tool to Keep Congress Informed of Developments/Investments

To educate the large number of new Members of Congress on the importance of the LIHTC program, the HAG encourages its members to participate in a simple yet effective marketing exercise. Click the links below to view template announcements which can be sent to the district, state and Washington offices of elected officials where you are developing or rehabilitating LIHTC properties. Aside from the typical information on the location and characteristics of the property, it's important to include job creation and economic impact information. This information will resonate with every member of your congressional delegation and trumpet the LIHTC program as a job creator. Included is the formula by which you can calculate the temporary and permanent jobs created by each development as well as the report by NAHB from which the statistics were derived.

  • Click here to view a template release on new construction developments.
  • Click here to view a template release on rehabilitated developments.
  • Click here to view a Ground Breaking/Grand Opening template announcement for elected officials.
  • Click here to view a sample release distributed by Boston Capital.
  • Click here to view a sample outreach letter from a developer to an elected official.
  • Click here to view a list of US Senators.
  • Click here to determine the Congressional Member (use zip code where development is located!)
  • Click here to view a US Senate Suite and Telephone List.

Important Legislative Contacts

As legislative initiatives warrant, we ask our HAG members to contact their Congressman, Senators and members of the House Ways and Means and Financial Services Committees, as well as the Senate Finance and Banking Committees. Below are links through which you may obtain the relevant contact information for the Congress and the specific committees. As a reminder, email, phone and fax are the preferable methods of contact as U.S. mail to Capitol Hill is delayed up to two weeks due to security measures.

Current legislation and initiatives

  • Click here to view the Tiberi/Neal Dear Colleague Letter asking for their colleagues' support for H.R. 3661.
  • Click here to view the Cantwell/Snowe Dear Colleague letter asking for their colleagues’ support for S. 1989.
  • Click here to view a comparison of the fixed 9% credit and floating AFR.
  • Click here to view the latest information and resources from our industry consensus group, including our a list of issues presented to policy makers on Capitol Hill.

Special Report: LOW-INCOME HOUSING TAX CREDIT: Assessment of Program Performance & Comparison to Other Federal Affordable Rental Housing Subsidies

Low Income Housing Tax Credit: Assessment of Program Performance & Comparison to Other Federal Affordable Rental Housing Subsidies, a study commissioned by the Housing Advisory Group (HAG) and authored by Novogradac and Company LLP, finds that low-income housing tax credit (LIHTC)-financed properties have a remarkable track record, particularly when compared to the performance of other federal government subsidies of affordable rental housing. The study's findings substantiate the strength of the LIHTC program; with its 25-year track record, the LIHTC program stands out as a model of how the tax code can and does, very efficiently, benefit society. Please click here to download the report, or click here to view a narrated video overview on YouTube.

How does the LIHTC work?

  • Click here to learn about the LIHTC.
  • Click here to view an illustration of how the LIHTC works.
  • Click here to learn more about the program, why we need it and why it works.
  • Click here to view a NAHB two-pager and learn more about the LIHTC and its positive impact on local communities.
  • Click here to view Affordable Housing Finance's 2011 Report, Housing for All Americans, an introductory narrative of the LIHTC program for Members of Congress and other elected officials.