“There are increasing signs suggesting that the extended period of prosperity in the U.S. housing market may be showing signs of easing.”
–ATTOM CEO Rob Barber
Tag: H.R. 7024
MBA Commends House Passage of H.R. 7024, the “Tax Relief for American Families and Workers Act of 2024”
MBA President and CEO Bob Broeksmit, CMB, released the following statement on the passage of H.R. 7024, the “Tax Relief for American Families and Workers Act of 2024,” by the U.S. House of Representatives:
Quote: Feb. 1, 2024
“MBA is pleased the House has passed this bipartisan bill that increases the availability of Low-Income Housing Tax Credits. The enhancements to the LIHTC program will improve the supply and affordability challenges in the rental market by producing an estimated 200,000 additional rental units over the next two years.”
–MBA President and CEO Bob Broeksmit, CMB, commending House of Representatives passage of H.R. 7024, the “Tax Relief for American Families and Workers Act of 2024”
Mortgage Action Alliance Call to Action–Tell Congress to Take Action on H.R. 7024
The Mortgage Bankers Association’s grassroots advocacy arm, the Mortgage Action Alliance, issued a Call to Action on Friday, urging its members contact their elected officials to support housing affordability by urging swift House and Senate action on H.R. 7024 – the “Tax Relief for American Families and Workers Act of 2024.”
MBA Announces Support for H.R. 7024, the Tax Relief for American Families and Workers Act of 2024
On Jan. 16, Sen. Ron Wyden, D-Ore., and Rep. Jason Smith, R-Mo., released H.R. 7024, the Tax Relief for American Families and Workers Act of 2024. The Mortgage Bankers Association strongly supports the bipartisan, bicameral bill.