House passage of H.R. 7024 will enhance the Low-Income Housing Tax Credit and support affordable housing nationwide through the construction and rehabilitation of housing for low- and moderate-income households.
Read More »Bipartisan Tax Bill Introduced to Boost Affordable Housing
Senate Finance Committee Chair Ron Wyden and House Ways and Means Committee Chair Jason Smith have announced bipartisan framework that promotes the financial security of working families, and expands affordable housing by enhancing the Low-Income Housing Tax Credit.
Read More »Senate Banking Committee Members Address Navy Federal Over Racial Lending Disparities
A group of 10 U.S. Senators have issued a letter to the heads of HUD and the CFPB calling for an examination of Navy Federal Credit Union’s practices after a report claimed the institution was more than twice as likely to deny loans for Black applicants as white applicants.
Read More »Legislation Introduced to Curb Predatory Practices in the SFR Marketplace
A new bill seeks to protect single-family affordable housing stock, while cracking down on large corporate investors by restricting tax breaks.
Read More »Sens. Reintroduce Middle Class Mortgage Insurance Premium Act
The bipartisan measure would cut taxes for middle-class homeowners by restoring and extending an expired tax deduction for home buyers with MI, as well as expanding the number of families eligible for the deduction.
Read More »Senators Call for Review of Wells Fargo’s Refi Processes
Eleven Senators call upon HUD and CFPB after a report suggested that Black and Hispanic borrowers were less likely to be approved for refis.
Read More »DASH Act Introduced to Ensure Housing Stability
Senate Finance Committee Chair Ron Wyden has introduced new legislation to tackle the housing affordability crisis and expand homeownership opportunities.
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