On Tuesday, Nov. 25, NAHRO is asking members to pitch their Low Income Housing Tax Credit (LIHTC) success stories to local media outlets as a part of our national push to educate members of Congress about why LIHTCs are beneficial and important to their home districts.
The fixed rate 4 percent and 9 percent rates expired at the end of the 2013 calendar year and have not been renewed. There are two legislative options to fix this problem: temporarily extending the credits or permanently authorizing them. NAHRO supports a temporary extension to allow communities to access these critical credits as quickly as possible, but hopes that Congress will approve the permanent authorization to avoid another lapse if a temporary fix is allowed to expire again.
Congress may act in the lame duck session to temporarily reauthorize the fixed rate credits in a larger tax extenders package.
It is critical that NAHRO members show their support for the passage of a tax extenders package by demonstrating that LIHTC is a vital component of their communities. The 9 percent Housing Credit rate is a tool communities use to leverage funds for new construction and rehabilitation while the 4 percent Housing Credit rate helps communities acquire affordable housing.
To help members reach out to local media outlets while their members of Congress are home for Thanksgiving, NAHRO drafted a news release template with information from the national perspective on how the LIHTC and current rates have helped to create jobs and affordable housing. The template highlights sections that should be filled in with information specific to your housing authority and community. Download the release on our Congressional District Contact page.
Not familiar with writing a news release or pitching a story to the media? NAHRO breaks down the basics in an instructional video.
To help you find the appropriate media contacts in your community, visit NAHRO’s Advocacy Action Center and select Find Media Contacts on the policy tool menu.
If your story is covered in any local media outlet, please let us know at email@example.com.
Have additional questions? Contact NAHRO Public Affairs Coordinator Emily Pasi at firstname.lastname@example.org.