Congress passed the Tax Cuts and Jobs Act – what’s next?

Yesterday, Congress passed the Tax Cuts and Jobs Act.

Thanks to the tireless work of LOCUS members, supporters, and allies, the partisan legislation maintains important community development and affordable housing tax incentives threatened in earlier versions of the bill. Read LOCUS’ full analysis of the Tax Cuts and Jobs Act here.

It remains to be seen how exactly the new legislation will affect the future of America’s cities and towns. However, the bill’s newly created low-tax environment will undermine the value of tax credits used to build walkable urban development and transform the nature of real estate development and investment for years to come.

LOCUS is excited to offer a number of unique opportunities to learn more about the new federal tax and regulatory climate next year. These include:

Post tax reform webinar

Join LOCUS in the new year for a discussion of the details and aftermath of the federal tax reform bill. LOCUS Director Christopher Coes and tax and community development experts will consider the implications of the new code and answer participant questions about its content and implementation.

If you would like to participate in this event, please fill out our interest form here. 

2018 LOCUS Leadership Summit

Join LOCUS for the 2018 LOCUS Leadership Summit: Rebuild America’s Neighborhoods, taking place from April 22-24, 2018 at the National Press Club in Washington, D.C. The two-day conference is an opportunity for real estate developers, investors, advocates, and local elected officials from across the country to learn about policy strategies and financing ideas that help create vibrant, walkable neighborhoods. Speaker sessions will cover “Rebuilding Neighborhoods Post Federal Tax Reform,” “Emerging Trends in the Real Estate Market,” “Zoning for Revitalization without Displacement,” and much more.

Rebuild America’s Neighborhoods Campaign

LOCUS’ Rebuild America’s Neighborhoods campaign fights to protect community development and affordable housing programs that have been instrumental in providing the private sector and local communities with the tools they need to transform the nation’s cities and towns into economically vibrant and socially inclusive walkable communities. Join us as we fight to accelerate private investment in affordable housing, job creation, public infrastructure, and community benefits.

 

Photo Credit: Shawn Clover via Flickr

LOCUS