Institute for Responsible Housing Preservation
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Two Key Congressional GOP Leaders Announce Retirement
           
On January 2nd, immediately when Congress returned from its holiday recess, both Senator Orrin Hatch (R-UT) and Representative Bill Shuster (R-PA) announced their intentions to step down at the end of their respective terms. Senator Hatch will be remembered as a long-time LIHTC champion in the Senate, having worked with his Democratic colleagues to pass bipartisan housing legislation. Representative Shuster has elected to step down as his tenure as Chairman of the House Transportation and Infrastructure Committee winds to a close (the Chairmanship is term-limited).
 
Senator Hatch and Representative Shuster are the latest in a string of Congressional GOP leaders who have elected to step down rather than face what is predicted to be a tough 2018 Midterm (potentially even in "safe" GOP districts). It is likely that these will not be the last retirements we hear about as the 2018 Midterms draw ever closer.


Linda Kirk, Director
Stephen J Wallace, Counsel
Benjamin Price, Intern
IRHP
www.housingpreservation.org
202-737-0019


 


Trump Administration Releases FY2018 HUD Budget Proposal March 23, 2017

March 17, 2017The Trump Administration has asked for a total of $40.7 billion in funding for HUD, a 13.2 percent decrease from the current 2017 annualized Continuing Resolution level. The continuing resolution for fiscal year 2017 expires on April 28th. Failure by Congress to act by then will shut the government down. Much of the HUD budget in the Administration's proposal ($35 billion) will be put towards HUD's rental and mortgage assistance programs. At the same time, the Administration proposes reforming these programs so as to achieve the same level of service while reducing cost further down the line. It… Read More

Tiberi, Neal Introduce House version of AHCIA 2017 March 23, 2017

March 22, 2017Yesterday, Representatives Pat Tiberi (R-OH) and Richard Neal (D-MA) introduced the Affordable Housing Credit Improvement Act of 2017 (AHCIA) to the House. This bill is the companion to the bill (S.548) introduced earlier this month in the Senate by Senator Maria Cantwell (D-WA) (which is itself a reintroduction of a bill of the same name proposed in 2016) and seeks to achieve the same stated end goal of strengthening the existing Low Income Housing Tax Credit program. The notable difference between the two bills is that the House version does not include the proposed 50 percent allocation increase found… Read More