Yesterday, LOCUS kicked off the second year of its Rebuild America’s Neighborhoods campaign. You are invited to join us.
With the potential of major legislative changes ahead, LOCUS is seizing this unique opportunity to shape federal and local policy and direct funding to support walkable urban neighborhoods across America. We invite you to learn more about our Rebuild America’s Neighborhoods campaign during an interactive webinar on Wednesday, February 21st from 2:00 to 3:00 PM.
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.
As Congress moves to reconcile the House and Senate versions of the Tax Cuts and Jobs Act, LOCUS’ top priority is to protect community development and affordable housing tax incentives. Join us as we reach out to the conference committee’s House and Senate Conferees and ask them to maintain these programs and incentives in the final version of the legislation.
Today, House Republicans successfully passed H.R.1, the Tax Cuts and Jobs Act, in a 227-205 vote. Thirteen House Republicans joined all Democrats in opposing the once-in-a-generation tax reform legislation. The bill includes major cuts to community development and affordable housing programs.
On Thursday, November 2nd, House Ways and Means Committee Chairman Kevin Brady released the Tax Cuts and Jobs Act, a draft tax proposal which, if passed, would have a negative impact on community development and affordable housing.
The 2017 Federal Financing Toolkit features 90 federal financing opportunities that are designed to help real estate developers and investors as well as local elected officials achieve their development goals.