Housing Credit Improvement Act - NAHB

Transcription

May 6, 2020The Honorable Mitch McConnellMajority LeaderUnited States SenateWashington, DC 20510The Honorable Nancy PelosiSpeakerUnited States House of RepresentativesWashington, DC 20515The Honorable Charles SchumerMinority LeaderUnited States SenateWashington, DC 20510The Honorable Kevin McCarthyMinority LeaderUnited States House of RepresentativesWashington, DC 20515Dear Leader McConnell, Speaker Pelosi, Leader Schumer, and Leader McCarthy,The undersigned businesses and organizations, representing over 2,300 national, state, and local affordable housingstakeholders as a part of the A Call To Invest in Our Neighborhoods (ACTION) Campaign, urge Congress to stabilize ournation’s affordable housing delivery system by including provisions to support the Low-Income Housing Tax Credit(Housing Credit) – our nation’s primary tool for encouraging private investment in affordable rental housing – in the nextcoronavirus (COVID-19) response package.There is a severe shortage of affordable rental housing in the United States, and the COVID-19 pandemic has onlyexacerbated this growing crisis. Developments nationwide are now threatened due to significant financing gaps caused bythe cuts to federal borrowing rates made in response to the pandemic. The need to keep affordable housing productionmoving forward is even greater with more than 30 million individuals and counting who have lost their jobs while one infour renters were already struggling paying more than 50 percent of their income in rent prior to the pandemic.The ACTION Campaign urges Congress to enact policies to help mitigate the damage to affordable housing productionthat is already occurring as a result of this crisis. Several of the measures listed below are included in the AffordableHousing Credit Improvement Act (S.1703 & H.R.3077), bipartisan legislation that gained the support of half of the U.S.House of Representatives and nearly half of the U.S. Senate prior to the pandemic, but have become especially urgentnow. In addition to these recommendations, the affordable housing community is also seeking additional relief throughrental assistance, support for struggling properties, and regulatory flexibilities. We respectfully request immediateconsideration of the following proposals for the next response package: Enact a minimum 4 percent Housing Credit rate. With federal borrowing rates recently slashed in response tothe pandemic, the “4 percent” Housing Credit rate is dropping precipitously – from 3.17 percent in March to 3.12percent in April to 3.08 percent in May – and will likely decline even further, threatening the viability of manycritical properties. Every day, many developments already underway have become financially infeasible due tothe falling rate and are now coming to a halt. Enacting a minimum 4 percent Housing Credit rate would provideparity to the 9 percent Housing Credit rate, for which Congress enacted a minimum rate as part of the response tothe 2008 economic collapse in recognition of the critical role of affordable housing in the recovery. This wouldhelp ensure projects remain financially viable and that these much-needed homes will move forward. Futhermore,Novogradac estimates that nearly 126,000 additional affordable rental homes would be created or preserved over2020-2029 with a minimum 4 percent Housing Credit rate. According to the National Association of HomeBuilders, each 100 units built supports 125 full-time equivalent jobs for one year. These affordable homes andjobs will be critical as the nation recovers from COVID-19.1

Lower the “50 percent test” Bond financing threshold for 4 percent Housing Credit developments. The "4percent" Housing Credit is available for developments that receive 50 percent or more of their financing fromPrivate Activity Bonds, and such developments are responsible for roughly half of all Housing Creditdevelopments. However, unexpected and increased project development costs due to delays caused by thepandemic are jeopardizing properties’ ability to assemble enough bond financing to meet the “50 percent test,”which puts at risk the properties' access to associated Housing Credit equity. Lowering the 50 percent thresholdwould allow more developments the ability to move forward despite these disruptions related to the pandemic. Itwould also increase affordable housing production by allowing more developments to access 4 percent HousingCredits.As Congress considers future recovery legislation, there are additional proposals that would allow us to better respond toour nation’s affordable housing needs, for both developments underway as well as the future housing that will be neededto respond to the pandemic. As part of further relief and recovery, we recommend: Increasing the annual Housing Credit allocation by 50 percent, phased in over two years at 25 percent peryear, beginning in 2021. This would finance hundreds of thousands of affordable homes for low-incomehouseholds, who are in much more dire need of affordable housing in light of the current crisis.Providing additional basis boosts for vulnerable properties impacted by COVID-19, including HousingBond-financed properties that have felt the financing crisis most acutely, developments serving extremely lowincome tenants, rural area properties, and properties in Native American communities, would make moreproperties financially feasible.The ACTION Campaign will continue to focus on communicating the developing needs of this community during allstages of this stabilization and recovery process and urge Congress to include these critical Housing Credit provisions infuture COVID-19 response legislation. We appreciate your immediate consideration of these priority items.ACTION Campaign MembersCO-CHAIRSEnterprise Community PartnersNational Council of State Housing AgenciesSTEERING COMMITTEE MEMBERSAffordable Housing Tax Credit CoalitionCouncil for Affordable and Rural HousingCouncil of Large Public Housing AuthoritiesCorporation for Supportive Housing (CSH)Housing Advisory GroupHousing Partnership NetworkLeadingAgeLocal Initiatives Support Corporation/National EquityFundNational Assoc. of Affordable Housing LendersNational Assoc. of Home BuildersNational Assoc. of Housing & Redevelopment OfficialsNational Assoc. of Local Housing Finance Agencies(NALHFA)National Association of REALTORS National Assoc. of State & Local Equity FundsNational Housing and Rehabilitation AssociationNational Housing ConferenceNational Housing TrustNational Low Income Housing CoalitionNational Multifamily Housing CouncilSmart Growth AmericaStewards of Affordable Housing for the FutureVolunteers of AmericaNATIONAL/REGIONALAmerican Institute of Architects (AIA)Affordable Housing Investors CouncilAfrican Diaspora DirectorateAHEPA Management CompanyAlexander CompanyAlliant CapitalApartment Realty Advisors (ARA)B’nai B’rith InternationalBalfour Beatty Construction2

Ballard Spahr, LLPBeacon CommunitiesBellwether EnterpriseBerkadiaBlank RomeBoston Financial Investment ManagementBryan Cave, LLPCBRE, Inc.Center for American Progress Action FundCenterline Capital GroupCertified Commercial Investment Member (CCIM)AssociationCinnaireClark HillCohnReznickThe Community Builders, Inc.Commonwealth Development CorporationConcordia Lutheran ChurchConifer Realty, LLCCorporation for Supportive Housing (CSH)Council of Independent State Housing AssociationsCouncil of State Community Development AgenciesCREA, LLCDMA CompaniesDominium Development and Acquisitions, LLCDykema Gossett PLLCEnhanced CapitalEnterprise Community InvestmentEnterprise Homes, Inc.Enterprise Community Loan FundEquity ResidentialThe Evangelical Lutheran Good Samaritan SocietyFaegre Baker DanielsFederation of Appalachian Housing Enterprises, Inc.Flaherty & Collins PropertiesHabitat for Humanity InternationalHerman & Kittle Properties, Inc.Holland & KnightHousing Assistance Council (HAC)Housing Assoc. of Nonprofit Developers (HAND)Housing Trust of AmericaHudson Housing CapitalHunt CompaniesInstitute of Real Estate ManagementInternational WELL Building InstituteLiz Bramlet ConsultingKlein Hornig LLPKadesh & AssociatesLOCUS: Responsible Real Estate Developers andInvestorsLove Funding CorporationLow Income Investment FundMcGladrey LLPMercy Housing, Inc.Meridian InvestmentsMichaels Development CompanyMidwest Housing Equity Group, Inc.Monarch Private CapitalMortgage Bankers AssociationNational Affordable Housing Management AssociationNational Affordable Housing TrustNational Alliance of Comm. Econ. Dev. AssociationsNational American Indian Housing CouncilNational Apartment AssociationNational Assoc. of Counties (NACo)National Assoc. for County Community Economic Dev.National Assoc. of Local Housing Finance AgenciesNational Assoc. of Latino Capital Asset BuildersNational Coalition for the HomelessNational Community Development AssociationNational Council on Agricultural Life and LaborNational Development CouncilNational Foundation of Affordable Housing SolutionsNational Housing Law ProjectNational Leased Housing AssociationNational Lumber and Building Material DealersAssociationNational NeighborWorks AssociationNational Resources Defense CouncilNational Trust Community Investment CorporationNDC Corporate Equity Fund, LP.NewWest Community CapitalThe NHP FoundationNixon Peabody LLPNovogradac & Company LLPOpportunity Finance NetworkPacific West Communities, Inc.PIRHL, LLCPNC Real EstatePreservation Management Inc.Preservation of Affordable Housing, Inc.Prudential Affordable Mortgage CompanyPublic Housing Authorities Directors Association(PHADA)RabobankRAD Collaborative3

RBC Capital Markets – Tax Credit Equity GroupRebuilding TogetherRecap Real Estate AdvisorsRed Stone Equity PartnersReno & Cavanaugh, PLLCR4 Capital, LLCRubinBrown LLPPillsbury Winthrop Shaw Pittman, LLCSelfhelp Community ServicesSmart Growth AmericaSoutheastern Affordable Housing Management Assoc.TAG Associates, Inc.Tax Credit Group of Marcus & MillichapTCAM Asset ManagementUrban InstituteU.S. Conference of Catholic Bishops (USCCB)U.S. Department of Housing and Urban DevelopmentU.S. Green Building CouncilU.S. Vets InitiativeVitus GroupWishrock Investment GroupWNC & Associates, Inc.The Woda Group, LLCALABAMAAIDS AlabamaAlabama Council for Affordable Rural HousingArbour Valley DevelopmentArlington Properties, Inc.The Bennett GroupCity of Mobile Community Planning and DevelopmentCityscape Development PartnersColumbiana Housing AuthorityDevelopment Services Inc.Drake Law FirmHighland Commercial Mortgage, LLCHuntsville Housing AuthorityLedic Realty CompanyLighthouse CDCMorrow CompaniesOpelika Housing AuthorityOzark Housing CommunityPhenix City Housing AuthorityPrattville Housing AuthorityRSM US, LLPScottsboro Housing AuthoritySouth East Alabama Self-Help Association, Inc.Sulligent Housing AuthorityTidwell Group, LLCALASKAAlaska Coalition on Housing and HomelessnessCatholic Social ServicesCook Inlet Housing AuthorityThe Easter GroupThe Leeshore CenterLove INC of the Kinai PenninsulaNeighborWorks AlaskaNome Community CenterNome Emergency Shelter Team (NEST)Nome Eskimo CommunityRasmuson FoundationRural Community Action Program (CAP), Inc.Sitka Community Land TrustStatewide Independent Living Council of AlaskaSwell LLCTrapline LLCUnited Way of AnchorageV2, LLCARIZONAA New Leaf, Inc.Ability360Arizona Housing AllianceArizona Housing CoalitionArizona LeadingAgeCapitol Mall AssociationChicanos Por La CausaCity of YumaComite de Bien EstarCorporate Social ResponsibilityFoundation for Senior LivingGuadalupe Community Development Corp.The Hisey Group, Inc.La Frontera ArizonaLaw Offices of William D. BlackMilestone Housing Development Corp.Morton Consultant ServicesNative American ConnectionsNewtown Community Development CorporationPima County CDNCPPEP Microbusiness & Housing Development Corp.Surrano Law OfficesTonalea ChapterUMOM New Day CentersWESCAP Investments, Inc.4

ARKANSASAffordable Housing Association of ArkansasArkansas Coalition of Housing and NeighborhoodGrowth forEmpowerment (ACHANGE)Arkansas NAHROBoys, Girls, Adults Community Development CenterDes Arc Housing AuthorityHouseaboutit CED AgencyHousing Authority of Hot SpringsHousing Authority of Star CityJonesboro Housing AuthorityJudsonia Housing AuthorityMississippi County Public Facilities BoardNewport Housing AuthorityNorthwest Regional Housing AuthorityParagould Housing AuthorityPDC CompaniesReed Realty GroupRichSmith Development, LLCSiloam Springs Housing AuthorityTexarkana Arkansas Housing AuthorityWhite River Regional Housing AuthorityCALIFORNIAA Community of FriendsACCEAffirmed Housing GroupAffordable Housing Access, Inc.Affordable Housing AssociatesAffordable Housing Development CorporationAlameda County Housing AuthorityAllied ArgentaAMCAL Multi-Housing, Inc.Bay Area LISCThe Bayshore Consulting GroupBear River TribeBelle Haven Community FoundationBerkeley Housing AuthorityBeth Shir ShalomBocarsly Emden Cowan Esmail & Arndt, LLPBRIDGE HousingBuilding a Better Tomorrow, Inc.Burbank Housing Development CorporationCabrillo Economic Development CorporationC&C DevelopmentCAC ConsultingCalifornia Bank & TrustCalifornia Coalition for Rural HousingCalifornia Community Economic DevelopmentAssociation (CCEDA)California Council of Affordable HousingCalifornia Dept. Housing & Community DevelopmentCalifornia ForwardCalifornia Housing ConsortiumCalistoga Affordable HousingCandeur Group, LLCCentury Housing CorporationCalifornia Housing Partnership CorporationCasa de RedwoodC&C DevelopmentCenter for Academic Research & Training in Anthro.Center for Independence of Individuals with DisabilitiesCenter for Sustainable NeighborhoodsCharities HousingChelsea Investment CorporationChinatown Community Development CenterCity Heights Community Development Corp.City of Glendale Housing AuthorityThe City of Los Angeles Housing CommunityInvestment Department (HCIDLA)City of Oxnard Affordable Housing & Rehab DivisionCity of San Jose Housing DepartmentClark Realty ManagementCoalition for Responsible Community DevelopmentColliers-Affordable Housing GroupCommunity BuildCommunity Corp. of Santa MonicaCommunity Development Commission of the County ofLos AngelesCommunity Economics, Inc.Community Housing Assistance Program, Inc.Community Housing Improvement Program [CHIP]Community Housing PartnershipCommunity HousingWorksCommunity Preservation PartnersCommunity Revitalization and Development Corp.County of San BernardinoCustom Building & DevelopmentDana Point Development CorporationDave Ryan HousingDecro Corp.Desert MannaDiversified ServicesEAH Housing5

East Bay Asian Local Development CorporationEast Bay Center for the Performing ArtsEast Bay Housing OrganizationsEast LA Community CorporationEast Oakland Community Development CorporationEden Housing, Inc.El Patio Gardens Family CommunityELOM LLCEpiscopal Community Services of San FranciscoFirst Community HousingFore Property CompanyFPI ManagementFresno Economic Opportunities CommissionGar-Mar AssociatesGilleran Energy ManagementHabitat for Humanity of Greater Los AngelesHabitat for Humanity of Orange CountyThe Hampstead CompaniesHighridge Costa CompaniesHitzke Development Corp.Homes for AllHousing Authority of LivermoreHousing Authority of San Luis Obispo (HASLO)Housing Authority Stanislaus County(HACLA)Housing Authority of the City of San BuenaventuraHousing Authority of the City of National CityHousing Authority of the City of TexarkanaHousing Authority of the County of ButteHousing Authority of the County of MontereyHousing Authority of the County of San JoaquinHousing Authority of the County of Santa BarbaraHousing Authority of the County of San MateoHousing Authority of the County of TulareHousing CaliforniaHousing Choices, CAHousing On MeritHousing Resource ConnectionHumanGoodICON BuildersInnovative Housing OpportunitiesIrvine Community Land TrustIto Girard & AssociatesJamboree Housing CorporationJeffrey Kohler, LLCJohn Stanley, Inc.KALW Public RadioKeller WilliamsThe Kennedy CommissionLaurin AssociatesLeadingAge CaliforniaLeSar Development ConsultantsLevine Management GroupLifeSTEPSLINC HousingLittle Tokyo Service Center CDCLos Angeles Housing PartnershipLuxre RealtyMAACMadera Housing AuthorityMammoth Lakes Housing, Inc.Many MansionsM.E. Shay & Co.Mentis Mental Health ServicesMerritt Community Capital CorporationMeta Housing CorporationMidPen Housing Corp.Mill Valley Affordable Housing CommitteeMutual Housing CaliforniaNapa Emergency Women’s ServicesNapa Valley Affordable Housing LLCNapa Valley Community HousingNational Community RenaissanceNational CORENational Equity FundNeighborhood Partnership Housing ServicesNeighborWorks Orange CountyNon-Profit Housing Association of Northern CaliforniaNorthern California Community Loan FundNorthern Circle Indian Housing AuthorityOPCCOpportune CompaniesPacific Meadows Senior HousingPalm CommunitiesPalo Alto HousingPAH CommunityPAHC Management & Services CorporationPATH VenturesPeople’s Self-Help Housing CorpPetaluma People Services CenterPeterson & Associates Affordable Housing ConnectionsProject AccessPromise EnergyPYATOK Architecture and Urban DesignRancho Belago Developers, Inc.Redondo Beach Housing6

Regional Housing Authority of Sutter and NevadaCountiesReal Estate Development Services (REDS)Related CaliforniaThe REMM GroupResources for Community DevelopmentRetirement Housing FoundationRiverside CharitableRotary ClubRural Community Assistance Corporation (RCAC)Sacramento Housing AllianceSacramento Housing and Redevelopment AgencySan Diego Housing FederationSan Fernando Valley Homeless CoalitionSan Francisco Council of Community Housing Orgs.San Francisco’s Mayor’s Office of Housing andCommunity DevelopmentSan Mateo County Housing DepartmentSatellite Affordable Housing AssociatesSDG Housing PartnersSelf-Help EnterprisesShelter Partnership, Inc.Silicon Valley BankSkid Row Housing TrustSoCo Housing Advocacy GroupSouth Central LA Regional CenterSouthern California Association of Non-Profit HousingSpace 4 ArtSRO Housing CorporationSun Country BuildersSwords to PlowsharesTEAH Solutions LLCTenderloin Neighborhood Development CorporationThomas Safran & AssociatesTJ Bly Company, LLCTownspeopleTransition HouseTWG Architects, Inc.Ulrich Consulting LLCThe Unity CouncilUrban Housing Communities, LLCVenice Community HousingVentura County Housing Trust FundVillage Meadow ApartmentsVisionary Home BuildersWakeland Housing and Development CorporationWasatch Advantage Group, LLCThe Watershed CenterWestern Community Housing, Inc.Willis Towers WatsonWilson and Associates, LLCWomen Organizing Resources, Knowledge and ServiceYolo County HousingYWCA San Francisco & MarinCOLORADOAdams County Housing AuthorityArchway Housing & ServicesAurora Housing AuthorityBoulder Housing PartnersThe Burgwyn Co., LLCCARE Housing ServicesCathedral Development Group, Inc.Colorado Coalition for the HomelessColorado Community Land TrustCommunity Housing ConceptsCommunity Resources and Housing Development Corp.Community Restoration Partners, LLCCommunity Strategies InstituteCPPDelta Housing AuthorityDominiumDouglas County Housing PartnershipElement PropertiesFort Collins Housing AuthorityFunding PartnersThe Galena Street Planning GroupGeorge K Baum & CompanyGershman MortgageGJMcMillan, LLCGrand Junction Housing AuthorityGrand Orchards Advisors, LLCHomeward 2020Housing Authority of the City of PuebloHousing CatalystHousing ColoradoJefferson County Housing AuthorityJulesburg Housing AuthorityKavod Senior LifeKJH CommercialLeadingAge ColoradoLexton McDermottLoveland Housing AuthorityMedici Communities, LLCMental Health Center of DenverMercy Loan Fund7

Metro West Housing SolutionsMonroe Group Ltd.Mountain Plains NAHROMullins Youngdahl Design CompanyOutreach United Resource (OUR) Center, Inc.PolsinelliProLink SolutionsPWN Architects and Planners, Inc.RCH Jones ConsultingRegions First SterlingRocky Mountain CommunitiesRoss Management GroupS.B. Clark CompaniesSan Miguel Regional Housing AuthoritySERVE 6.8South Metro Housing OptionsSquared HousingS.T.A.R. Momentum Compliance Consulting, Inc.Steele Properties, LLCThistleUrban Land ConservancyUrban Residential PartnersVISTAVos ConsultingWheat Ridge Urban Renewal AuthorityWolf Family I, Inc.WORKSHOPSZocalo Community DevelopmentCONNECTICUTThe Carabetta CompaniesThe Chatman Group, LLCCF Housing GroupConnecticut Housing CoalitionConnecticut Housing Finance AuthorityCORE ConstructionCrosskey Architects, LLCHAI GroupHousing Authority of New HavenHousing Development Fund (HDF)Marc Gottesdiener & Co., Inc.Mutual Housing Association of Greater Hartford, Inc.Mutual Housing Assoc. of Southwestern ConnecticutNew Neighborhoods, Inc.Norwalk Housing AuthoritySheldon Oak Central, Inc.Supportive Housing WorksUrban InitiativesVesta CorporationWest Hartford Housing AuthorityDELAWAREArbor Management, LLCBetter Homes of Seaford, Inc.Delaware Housing CoalitionDelaware Valley Development CompanyDiamond State Community Land TrustDivision of Developmental Disabilities ServicesDivision of Human RelationsEdgemoor Revitalization Cooperative, Inc.Keller Williams Realty, Central DelawareLand Lease Homeowners CoalitionLeague of Women VotersLeon N. Weiner & Associates, Inc.NCALL Research, Inc.Wilmington City CouncilWoodlawn Trustees, Inc.DISTRICT OF COLUMBIAAffordable Housing Developers CouncilAudubon EnterprisesCoalition for Nonprofit Housing & Economic Dev.Consortium for Citizens With Disabilities Housing TaskForceCSG Urban PartnersDavid Turch and AssociatesDorothy Day Catholic Worker D.C.Dwell Community ConsultantsFirst Congregational United Church of ChristFranciscan Catholic PriestsInstitute for Responsible Housing PreservationJubilee Housing, Inc.Latino Economic Development CorporationLutheran Services in AmericaManna Inc.National Coalition for Asian Pacific AmericanCommunitiesNational Community Stabilization TrustNational Rural Housing CoalitionNETWORK LobbyNew Community Partners LLCNHT-Enterprise Preservation CorporationSisters of Notre Dame de NamurSomerset Development CompanyTransitional Housing CorporationUrban Ventures, Inc.8

We Are Family Senior Outreach NetworkFLORIDAAbility HousingAcacia Florida Community Development CorporationAlachua County Housing Authority (ACHA)Allan Schnier & Associates, LLCAmeriNationalArrington Financial Capital, LLCAtlantic Housing PartnersThe Auburn GroupBeneficial CommunitiesBlue Sky Communities, LLCBroad and CasselCarrfour Supportive HousingCatalyst Asset ManagementCentennial ManagementChurchill Stateside GroupCity of MiamiCoalition of Affordable Housing ProvidersCocoa Housing AuthorityCommunity Realty Agency & Information GroupDelray Beach Community Land TrustDelray Beach Housing AuthorityDukes Construction CompanyFlorida Alliance of CDCsFlorida Association of Local Housing FinanceAuthoritiesFlorida Council for Affordable and Rural HousingFlorida Housing CoalitionFlorida PTAFlorida Supportive Housing CoalitionFort Lauderdale Community CenterFreedom Gardens ApartmentsThe Gatehouse Group, Inc.Generation Development GroupGlobal Development Initiatives, LLCGorman & CoGreen MillsGubb & Barshay LLPHerres Construction Co.Housing Authority of Pompano BeachHousing Finance Authority of Palm Beach CountyHousing Trust Group, LLCHousing Trust Group Covenant Villas, LLCHousing Trust Group Park at WellingtonJPM Development, LLCKipling Capital, LPKiss & Company, Inc.Landmark Companies, Inc.La Rosa RealtyLee County Housing Finance AuthorityMcDowell Housing PartnersMCJ Associates, LLCNaylor RealtyNeighborhood Housing Development CorporationNeighborhood Lending Partners Inc.Norfolk, LLCNorstar Development USAThe NRP GroupThe NuRock CompaniesOrange State Construction, Inc.Opa-locka Community Development CorporationPalm Beach County Housing AuthorityPicerne Development Corp of FloridaPinellas County Housing AuthorityRaymond James Tax Credit Funds, Inc.Related UrbanThe Richman Group of Florida, Inc.Roundstone Development, LLCRoyal American Development, Inc.Rural Neighborhood, Inc.Sage Partners, LLCSarasota Housing AuthoritySoho Advisory Partners LLCSouth Florida Community Development CoalitionSouthport Financial Services, Inc.SPECTRAStarz Foundation, IncTacolcy Economic Development Corp.Tampa Housing AuthorityUrbanfin, LLCValencia GroveVeranda SeniorVestcor Development Corp, Inc.Victory Fields, LLCVita Residences, LLCWeichert RealtorWendover Housing Partners, Inc.West Palm Beach Housing AuthorityGEORGIAAffordable Housing America, Inc.Alliance Fund AdvisorsAlliance Fund ManagementAmbling Management Company9

American Covenant Senior Housing Foundation, Inc.Athens Land TrustAtlanta Neighborhood Development PartnershipThe Benoit GroupBeverly J Searles FoundationBirge and Held LIHTC DevelopmentThe Braden GroupCatalyst Group, LLCCharis Community Housing, Inc.CHH ConsultingColeman Talley LLPCollaborative Housing SolutionsColumbia ResidentialCordele Housing AuthorityCovenant CollegeDecatur Church of Christ Senior HousingDelmar Realty AdvisorsFamily Visions Outreach, Inc.Gates Dunaway GroupGeorgia Advancing Communities Together, Inc.Georgia Affordable Housing CoalitionGeorgia Department of Community AffairsGeorgia Stand UpHinesville Housing AuthorityIDP Housing, LPThe Integral GroupInvest AtlantaInvestors Management CompanyIronwoodJBH Financial Brokerage & Associates LLCLandbridge Development, LLCMansermar Inc.Marietta Housing AuthorityMize & MizeORION Real Estate Services, Inc.Paces FoundationPartnership Housing Affordable to Society EverywherePittsburgh Community Improvement Association, Inc.Project Interconnections, Inc.Purpose Built CommunitiesRea Ventures Group, LLCResource Housing GroupSprague and RosenbergerState Tax Credit ExchangeSUMMECH CDCSunTrust Community CapitalTapestry Development GroupTBG ResidentialTriumph Management Group, LLCWonderRootWright Home ImprovementsYou’re Home Solutions, LLCHAWAIIEAH Housing (also listed in California)Gregory House ProgramsHabitat for Humanity HawaiiHawaii Housing Finance, LLCHawaii Workforce Development CouncilHawaiian Community AssetsHousing HawaiiManagement Specialists Co.IDAHOAPCCommunity Council of Idaho, Inc.Community Development IncorporatedGary E. Hanes & Associates, LLCHOPE Development, LLCHousing Authority of the City of PocatelloThe Housing CompanyIdaho Housing and Finance AssociationNew Beginnings Housing, LLCNorthwest AssociatesNorthwest Real Estate Capital Corp.The Pacific CompaniesSomerset PacificThomas Development Co.ILLINOIS3 Diamond DevelopmentAffordable Housing Investment BrokerageThe Alden FoundationAllstate ChicagoApplegate & Thorne-Thomsen, PCAxia Development, Inc.Bickerdike Redevelopment CorporationBlack Business Alliance of PeoriaBrinshore Development, LLCChapin Hall at the University of ChicagoChicago Area Fair Housing AllianceChicago Community Development CorporationChicago Community Loan FundChicago Lawyers’ Committee for Civil RightsChicago Rehab NetworkCity of Chicago10

Connections of IllinoisConsecra Housing NetworkDeborah D. Smith Enterprises, Inc.Developers Mortgage CorporationDuPage Habitat for HumanityEmbrace Living CommunitiesEvergreen Real Estate GroupFLS Group, LLCFull Circle Communities, Inc.General Capital Management Inc.GTG ConsultantsHabitat for Humanity of Champaign Co.The Habitat CompanyHooker DeJong Architects, Inc.Housing Action IllinoisHousing Authority of Cook CountyHousing Authority of the County of DeKalbIFFIllinois Housing CouncilIllinois Housing Development AuthorityJoseph J. Duffy Co.JP MorganLaborers’ Home Development Corp.Lake County Housing AuthorityLatin United Community Housing Association(LUCHA)The Laubacher CompanyLightengale GroupLocal Support Initiatives Support CorporationGreater PeoriaMadison County Housing AuthorityMB Financial BankMercy Housing LakefrontMetroplex, Inc.Metropolitan Planning CouncilMilner & Caringella, Inc.Nechin Enterprises, LTDNorth River CommissionNorth Chicago Housing AuthorityPathway Senior HousingPeoria Citizens Committee for Economic Opportunity,Inc.Perry Group, Ltd.Pike County Housing AuthorityPOAH ChicagoThe PrivateBankThe Renaissance CompaniesThe Resurrection ProjectRock Island Economic Growth CorporationRoots & WingsSafeway ICMSE Clark & Assoc. Inc.Springfield Housing AuthoritySt. Edmund's Redevelopment CorporationSteadfast CompaniesSterling Renaissance, Inc.SVN – Chicago CommercialUNO Charter School Network (UCSN)Valerie S. Kretchmer Associates, Inc.Vermilion DevelopmentWinnebago County Housing AuthorityWLW Architects, Ltd.Woodlawn Community Development CorporationWorn Jerabek Wiltse Architects PCINDIANAAffordable Housing Association of IndianaAffordable Housing CorporationAHEPA HousingThe Annex GroupBiggs TC Development, LLCBingham Greenebaum Doll LLPBrown County Career Resource CenterCommunity Action of Greater Indianapolis, Inc.Dauby, O’Connor & Zaleski, LLCThe Englewood GroupEvansville Housing AuthorityFlaherty & Collins PropertiesFort Wayne Housing AuthorityGod’s Helping HandGreenstreet Ltd.Hamilton County Area Neighborhood Development, Inc.IAB Financial BankIndiana Affordable Housing CouncilIndiana Association for Community EconomicDevelopmentIndiana Health Centers Inc.Indiana Housing and Community DevelopmentAuthorityKCG DevelopmentKeller Development, Inc.LIFEDesigns, Inc.Lifetime Housing GroupMACO DevelopmentMilestone Ventures, Inc.Neighborhood Development Associates, LLC11

New Albany Housing AuthorityNew Generation Management, Inc.NSP Consultants, LLCOlynger Corp.Paragus, LLCPedcor CompaniesPioneer Development Services, Inc.Prosperity IndianaTWG DevelopmentUniquely Blessed MinistryValenti Development, LLCWestside Community Development Corp.Wooden McLaughlinIOWAAffordable Housing Network, Inc.Anawim HousingAEGON USA Realty Advisors, LLCArch Icon DevelopmentBarnes RealtyBurns & Burns, LCChrist the King Housing ServicesCommunity Housing Initiatives, Inc.Conlin Properties, Inc.Estes ConstructionFort Madison Housing AuthorityGarrett Development GroupGlued Transitions, Inc.Hatch Development GroupHo

The Woda Group, LLC ALABAMA AIDS Alabama Alabama Council for Affordable Rural Housing Arbour Valley Development Arlington Properties, Inc. . Statewide Independent Living Council of Alaska Swell LLC Trapline LLC Uni