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LEGISLATIVE OUTLOOK : LIHTC , HTC, and NMTC. Bob Moss Principal National Director of Governmental Affairs. LIHTC – Senator Dave Camp. LIHTC- Senator Ron Wyden. LIHTC NEXT STEPS. Senator Maria Cantwell. Senator Pat Tiberi. Senator Pat Roberts. Senator Richie Neal. NMTC H.R. 4365.
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LEGISLATIVE OUTLOOK: LIHTC, HTC, and NMTC Bob Moss Principal National Director of Governmental Affairs
LIHTC NEXT STEPS Senator Maria Cantwell Senator Pat Tiberi Senator Pat Roberts Senator Richie Neal
NMTC H.R. 4365 Congressman Jim Gerlach Senator Richie Neal Senator Tim Scott Senator Roy Blunt
NMTC • From 2002-2012 • $31 Billion in investments • Created 550,000 jobs • Leveraged another $60 Billion in total capital investments
Historic Rehabilitation Tax Credit First Ward School Elkins West Virginia 2013 Timmy Award for “Best Historic Rehab Utilizing LIHTCs-Small Project” Maureen Joy Charter School Durham, NC
HTC Facts • Created more than 2.4 million jobs • Leveraged nearly $109 billion in private investment • Preserved more than 39,600 buildings
2015 Senator Orrin Hatch Senator Ron Wyden Senator Paul Ryan
Senate Finance Committee • House Ways and Means • House Financial Services • Senate Banking Committee
WHAT DO THEY MEAN? • CoS • Sch • LD
Mark Warner (VA) Richard Pittenger (NC) Patrick McHenry (NC) Mick Mulvaney (SC) Richard Burr (NC) Key Members in Your State Eric Cantor (VA) John Lewis (GA) Johnny Isakson (GA) Bob Corker (TN) Tom Price (GA) Robert Hurt (VA) Diane Black (TN)
MY ADVOCACY STORY Former Senator Olympia Snowe Senator Dave Camp Speaker of the House John Boehner
THE THREE AMIGOS Herb Collins • David Reznick Chuck Edson
HISTORY OF THE HOUSING CREDIT’S SUCCESS IN NORTH CAROLINA • 64,025 affordable apartments • 74,269 jobs created • $5.6 billion of local income • $550.6 million in state & local revenue • $1.6 billion in federal revenue • www.rentalhousingaction.org
THANK YOU CAHEC! CohnReznick LLP Bob Moss Principal National Director of Governmental Affairs Bob.Moss@CohnReznick.com 617-648-1406 Twitter: @BobMoss42