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Bob MossPrincipal
National Director of Governmental Affairs
LEGISLATIVE OUTLOOK: LIHTC, HTC, and NMTC
L I H T C – S e n a t o r D a v e C a m p
May 2014 2
L I H T C - S e n a t o r R o n W y d e n
May 2014 3
L I H T C N E X T S T E P S
May 2014 4
SenatorMaria Cantwell
Senator Pat Tiberi
SenatorPat Roberts
Senator Richie Neal
N M T C H . R . 4 3 6 5
May 2014 5
CongressmanJim Gerlach
SenatorTim Scott
SenatorRichie Neal
SenatorRoy Blunt
N M T C
• From 2002-2012• $31 Billion in investments • Created 550,000 jobs• Leveraged another $60 Billion in total
capital investments
May 2014 6
H i s t o r i c R e h a b i l i t a t i o n Ta x C r e d i t
May 2014 7
Maureen Joy Charter SchoolDurham, NC
2013 Timmy Award for “Best Historic Rehab Utilizing LIHTCs-Small Project”
First Ward School Elkins West Virginia
H T C F a c t s
May 2014 8
• Created more than 2.4 million jobs• Leveraged nearly $109 billion in
private investment• Preserved more than 39,600
buildings
2015
May 2014 9
SenatorPaul Ryan
SenatorOrrin Hatch
SenatorRon Wyden
• Senate Finance Committee• House Ways and Means• House Financial Services• Senate Banking
Committee
May 2014 10
W H AT D O T H E Y M E A N ?
CoS Sch LD
May 2014 11
Richard Burr (NC)
May 2014 12
K e y M e m b e r s i n Yo u r S t a t e
Richard Pittenger (NC) Patrick McHenry (NC) Mick Mulvaney (SC)
Robert Hurt (VA)
Eric Cantor (VA) Johnny Isakson (GA) John Lewis (GA)
Tom Price (GA) Bob Corker (TN) Diane Black (TN)
Mark Warner (VA)
M Y A D V O C A C Y S T O R Y
May 2014 13
Former SenatorOlympia Snowe
SenatorDave Camp
Speaker of the HouseJohn Boehner
T H E T H R E E A M I G O S
David Reznick
May 2014 14
Chuck Edson
Herb Collins
1 9 8 6 – G E T T I N G T H E L I H T C
May 2014 15
H I S T O R Y O F T H E H O U S I N G C R E D I T ’ S S U C C E S S I N N O R T H C A R O L I N A
• 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
May 2014 16
CohnReznick LLP
Bob Moss PrincipalNational Director of Governmental Affairs
617-648-1406
Twitter: @BobMoss42
T H A N K Y O U C A H E C !
