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Bob Moss Principal National Director of Governmental Affairs LEGISLATIVE OUTLOOK: LIHTC, HTC, and NMTC
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LIHTC – Senator Dave Camp May 2014 1
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LIHTC- Senator Ron Wyden May 2014 2
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LIHTC NEXT STEPS May 2014 3 Senator Maria Cantwell Senator Pat Tiberi Senator Pat Roberts Senator Richie Neal
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NMTC H.R. 4365 May 2014 4 Congressman Jim Gerlach Senator Tim Scott Senator Richie Neal Senator Roy Blunt
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NMTC From 2002-2012 $31 Billion in investments Created 550,000 jobs Leveraged another $60 Billion in total capital investments May 2014 5
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Historic Rehabilitation Tax Credit May 2014 6 Maureen Joy Charter School Durham, NC 2013 Timmy Award for “Best Historic Rehab Utilizing LIHTCs-Small Project” First Ward School Elkins West Virginia
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HTC Facts May 2014 7 Created more than 2.4 million jobs Leveraged nearly $109 billion in private investment Preserved more than 39,600 buildings
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2015 May 2014 8 Senator Paul Ryan Senator Orrin Hatch Senator Ron Wyden
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Senate Finance Committee House Ways and Means House Financial Services Senate Banking Committee May 2014 9
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WHAT DO THEY MEAN? CoS Sch LD May 2014 10
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Richard Burr (NC) May 2014 11 Key Members in Your State 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)
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MY ADVOCACY STORY May 2014 12 Former Senator Olympia Snowe Senator Dave Camp Speaker of the House John Boehner
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THE THREE AMIGOS David Reznick May 2014 13 Chuck Edson Herb Collins
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1986 – GETTING THE LIHTC May 2014 14
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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 May 2014 15
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CohnReznick LLP Bob Moss Principal National Director of Governmental Affairs Bob.Moss@CohnReznick.com 617-648-1406 Twitter: @BobMoss42 THANK YOU CAHEC!
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