Tag Archive: "Affordable housing"
-
Live Local Florida’s Proposed Impact, One Year Later
Passed in March 2023, Florida CS/SB 102 (“Live Local Florida”) provides funding and incentives for real estate developers and homebuyers – such as tax benefits and the ability to bypass traditional zoning procedures – when activities relate to increasing the availability of affordable housing. Changes to local government zoning approvals under Live Local Florida With […]
-
Bipartisan, Bicameral Tax Proposal in the News
House Ways and Means Committee Chairman Jason Smith (MO – 08) and Senate Finance Committee Chairman Ron Wyden (D – OR) announced a bipartisan, bicameral tax framework that would “promote the financial security of working families, boosts growth and American competitiveness, and strengthens communities and Main Street businesses.” The proposal is titled, “The Tax Relief […]
-
Workforce Housing Tax Credit Introduced in Congress
Earlier this month, Senate Finance Committee Chairman Ron Wyden (D-OR), Senator Dan Sullivan (R-AL), and Representatives Jimmy Panetta (D-CA) and Mike Carey (R-OH) jointly introduced the Workforce Housing Tax Credit (WHTC) Act. The proposal aims to increase the supply of affordable housing for middle-income families, generally deemed as those who earn too much to qualify […]
-
Fannie Mae and Freddie Mac Aim to Empower, Educate and Invest in Underserved Black and Latino Communities
In 2021, the Federal Housing Finance Agency (FHFA) asked Fannie Mae and Freddie Mac to develop plans to address inequalities and barriers experienced by renters and (current and aspiring) homeowners in Black and Latino communities. Last month, Fannie Mae and Freddie Mac released their Equitable Housing Finance Plans for the 2022 through 2024 years. Fannie […]