ADVOCATE – October 20, 2021
President’s Forum: Please Contact Congress Now on Reconciliation Bill
Congress approved a Continuing Resolution (CR) in late September, funding government operations until December 3. All federally funded programs, including those under HUD’s jurisdiction, are set at existing levels until then. It is essential for us to weigh in on the Build Back Better Act (BBBA, reconciliation bill) as lawmakers near decisions on a potentially historic package for our industry. This is necessary because there have been some reports that the capital, Section 8 funding, and the LIHTC provisions could be significantly reduced or eliminated from the legislation.