Video & Transcript Research : 'LIHTC'

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HI

Hawaii 2025 Regular Session

HWN-EIG, HWN, HWN-HOU, HOU DEFER Public Hearings 02-04-2025

Hawaiian Affairs

Transcript Highlights:
  • Then those that are below 60% AMI, we do the LIHTC low-income housing tax credit with option of purchase
Keywords: 912, senate, all
Summary: The joint hearing focused primarily on Senate Bill 1409, which would cap county user fees charged to Department of Hawaiian Home Lands beneficiaries. Department of Hawaiian Home Lands supported the measure, arguing it would reduce monthly housing-related costs for lower-income beneficiaries and help make homesteading more affordable. Several testifiers, including the Tax Foundation of Hawaii and some individuals, also submitted comments or support. County and city water and sewer agencies, including the County of Kauai Department of Water, the City and County of Honolulu Department of Facility Maintenance, the Honolulu Board of Water Supply, and the City and County Department of Environmental Services, strongly opposed the bill, saying it would shift substantial costs to other ratepayers, create lost revenue, and could force fee increases for everyone else. They also raised concerns about the bill’s cap structure and potential misuse, while noting their systems are funded by user fees rather than taxes. During committee discussion, Honolulu Board of Water Supply officials estimated about 4,500 DHHL customers on Oʻahu and projected lost revenue of roughly $30 million to $36 million over five years, with larger cumulative impacts over time; they said any waiver would be absorbed by other customers. The County of Hawaiʻi representative estimated nearly 2,000 DHHL customers on the Big Island and about $2.4 million in annual lost revenue. DHHL responded that it is pursuing revenue-generating projects on unused lands, but members questioned whether the department should do more to generate its own revenue and suggested looking at other affordability mechanisms, including market rent on commercial properties or a similar cap on other beneficiary fees. After hearing the testimony and discussion, the committee chair announced the recommendation to defer SB 1409 indefinitely, and the Committee on Energy and Intergovernmental Affairs agreed with that decision. The hearing then moved to Senate Bill 1408, a housekeeping measure. DHHL testified in support, saying the bill was part of an effort to lower housing costs through a modular manufacturing approach. DHHL described plans to use an unused hangar at Kalaeloa for a potential modular housing manufacturing plant, including discussions with the University of Hawaiʻi and a Denver-based company, and said it was also exploring a pilot project with Habitat for Humanity on Maui. No vote or final action on SB 1408 was taken in the portion of the transcript provided.
CA

California 2025-2026 Regular Session

Assembly Housing and Community Development Committee Jun 24th, 2026

Housing and Community Development

Transcript Highlights:
  • while there is no direct subsidization that's flowing into park communities, you know, we aren't using LIHTC
Keywords: 988, house, all
CA

California 2025-2026 Regular Session

Assembly Budget Committee Jun 15th, 2026

Budget

Transcript Highlights:
  • We are very appreciative of the allocations to the state LIHTC program and the MHP program.
Keywords: 988, house, all
Summary: The Assembly Budget Committee met to consider the 2026 Budget Act, which leaders described as the compromise budget expected to move to the floor later that evening. Opening remarks emphasized that the plan balances the budget over two years, reduces the structural deficit, and builds reserves, while also protecting core programs from federal cuts. Jason Sisney outlined the legislative budget plan, saying it uses higher-than-expected revenues and reserve balances to reject some proposed reductions and fund temporary restorations and new spending in areas such as education, child care, health care, housing, homelessness, and public safety. Department of Finance representatives said the administration appreciated the two-year balanced framework and the effort to address out-year deficits, while noting the plan includes additional spending and revenue changes. Sisney also previewed floor bills including AB 109, SB 110, SB 122, and SB 125, with SB 122 described as a modification to the tax credit proposal and SB 125 as the managed care organization tax proposal. Subcommittee chairs then described the major policy choices in their areas. Health chair Addis said the budget responds to federal health care rollbacks by protecting Medi-Cal, clinics, hospitals, dental care, and other safety-net services, while also supporting reproductive care, gender-affirming care, and county health systems. Education chair Alvarez highlighted increased school funding, expanded learning, special education, teacher support, community colleges, and a change to Cal Grant eligibility for older community college students. Other chairs emphasized child care expansions, homelessness and housing funding, prison closure and criminal justice savings, wildfire mitigation, county support for Medi-Cal and CalFresh administration, and accountability measures tied to homelessness and corrections spending. Several members also raised concerns or priorities, including the impact of the MCO tax on providers, the need for more support for local journalism, transit and climate funding, biotech and R&D incentives, and continued work on Prop 98 and long-term revenue solutions. No formal votes were taken in the portion provided, but members broadly expressed support for the budget framework and the need to continue negotiations with the administration before final passage. The committee discussion repeatedly framed the budget as a response to federal policy changes and a choice to protect vulnerable Californians while maintaining fiscal responsibility. The vice chair, citing LAO warnings about future volatility and limited reserves, pressed Finance on whether the budget represented a record-sized state budget and whether revenues were also at record levels, underscoring concerns about the state’s preparedness for a downturn.
CO

Colorado 2026 Regular Session

Colorado House 2026 Legislative Day 023 Feb 5th, 2026

Colorado House Floor Meeting

Transcript Highlights:
  • <04:03:33.279> building Those folks that are building these types of housing are leaning on LIHTC
  • Likewise, LIHTC participants want to grow those as quickly as they can, but there are only so many tax
  • Likewise, LIHTC participants want to grow those as quickly as they can, but there are only so many tax
Keywords: 981, all
Summary: The House convened, established a quorum, and approved the journal from February 4, 2026. Members then took up resolutions out of order, including Senate Joint Resolution 9 recognizing Missing Persons Day. Supporters described the scale of missing-person cases in Colorado and nationally, emphasized the role of families, law enforcement, and the public, and noted the importance of prompt investigations and technology. The resolution was adopted on a 58-0 vote, with seven excused. The chamber then moved to special orders and considered House Bill 1041, concerning electronic vehicle records and electronic certificates of title. The committee report was adopted after an amendment clarifying that any party to a vehicle transaction may request a paper or electronic title. Supporters said the bill would reduce delays, costs, and administrative burdens while preserving ownership and lienholder protections and keeping paper titles available as the default. The bill passed the House unanimously. Finally, the House began consideration of House Bill 1038 on county commissioner redistricting. The sponsor outlined seven committee amendments addressing county commissioner authority, outdated hearing references, competitiveness language, legislative declaration wording, elector standing to challenge maps, a correction to the competitiveness formula, and a bill-number fix. Debate then focused on amendment L10, which would remove the word “integrity” from the short title; supporters said the term could imply wrongdoing, while opponents wanted to keep it. L10 failed on a voice vote. Members then moved to amendment L8, which would carve out smaller counties from the bill’s redistricting requirements; discussion began, but the transcript cuts off before a final vote on that amendment or the bill itself.
MN

Minnesota 2025-2026 Regular Session

Committee on Housing and Homelessness Prevention - 03/18/25

Housing and Homelessness Prevention

Transcript Highlights:
  • I'm really just a two-trick pony here, and one of those has to do with some subsidized LIHTC housing
Keywords: 1187, senate, all
HI

Hawaii 2026 Regular Session

WAM Public Hearing 02-19-2026

Ways and Means

Summary: The Committee on Ways and Means met for decision-making only and adopted recommendations on a long list of Senate bills, with no oral testimony taken. Early actions included SB 99 to pass unamended, SB 585 to pass with a date correction to 2015, SB 2060 to pass with amendments involving public project lists, legislative approval for fund transfers, and removal of certain appropriations, and SB 2069 to pass with amendments extending a sunset date and requiring transit-oriented development zoning. The committee also advanced several other measures, including SB 2110, SB 215, SB 2259, SB 2382, SB 2442, and SB 2485 unamended, while SB 2152, SB 2315, SB 2446, SB 2919, SB 2577, SB 2580, and SB 2861 were moved with various amendments, mostly date changes, appropriation blanks, or technical clarifications. A substantial portion of the meeting focused on SB 2211, where Department of Human Services officials explained how the department was covering costs by using restricted funds and shifting Med-QUEST funding, and noted a need for $14 million plus support for $16.5 million in ACA enhanced tax credit subsidies. The chair indicated the bill would move forward with amendments, including blanking the appropriation pending more information on lapses, and the recommendation was adopted. SB 2544 was also amended to remove a specific appropriation and replace it with a blank cap on funds from DUR, and SB 2342 was amended to require projects to be in transit-oriented development zones and to reflect prior committee concurrence. The most extended debate was on SB 3326, which would address utility restructuring. One senator opposed the bill, arguing it could raise rates, worsen reliability issues, and disrupt an existing utility without a clear plan, especially given island-specific conditions. Supporters argued the bill would separate generation from transmission and distribution, create competition, protect union jobs, and respond to aging infrastructure and financial weakness in the utility sector. After recesses and discussion of the Public Utilities Commission’s role, the chair changed the recommendation from pass unamended to pass with amendments requiring the PUC to conduct a study, provide an interim report before the next session, and a final report the following session. That amended recommendation was adopted, and the meeting then adjourned with no further business.
HI
Transcript Highlights:
  • These incentives include low-income housing tax credits, otherwise known as LIHTC, tax-exempt revenue
  • this stack of financing that potentially could include the rental revolving fund or could include LIHTC
Keywords: 912, senate, all
Summary: The joint hearing of the Water and Land, Hawaiian Affairs, and Housing committees on January 29, 2025 focused on SB 534, with the chairs outlining hearing procedures, public testimony limits, and plans to allow extended presentations from the Office of Hawaiian Affairs (OHA) and the Hawaii Community Development Authority (HCDA) before moving to other testifiers. The hearing was presented as a public, transparent discussion of OHA’s plans for Kakaʻako Makai, with committee members noting that decision-making would follow if time permitted. OHA testified in strong support of SB 534. The chair of OHA’s Board of Trustees said the bill was a novel proposal for the legislature and emphasized that OHA was bringing together a broad coalition of partners and stakeholders, including representatives from construction, hospitality, education, law enforcement, civil service, and schools, as well as longtime community advocates who have opposed development in Kakaʻako Makai. OHA’s presentation reviewed the history of the area, the creation and role of HCDA, prior master plans, the 2012 land conveyance to OHA, and the argument that OHA has not been able to realize the full economic value of the lands because desired entitlements were not secured. OHA linked the bill to its constitutional mission to improve conditions for Native Hawaiians and argued that the state’s housing crisis makes additional development, including residential use, especially important. A major theme of the testimony was housing. OHA argued that Hawaiʻi faces severe affordability pressures, out-migration, and workforce shortages, and said that residential development in Kakaʻako Makai would help address those needs while also supporting the value of the trust lands. The presentation described HCDA’s authority over zoning and development in Kakaʻako, the existing reserved housing requirements, and the need for a master plan that could move forward if SB 534 becomes law. No votes or final committee action were taken in the portion of the hearing provided; the discussion remained in the presentation and testimony phase.
NH

New Hampshire 2025 Regular Session

House Housing Committee (04/08/2025)

Housing

Transcript Highlights:
  • And as folks know, LIHTC projects are very different from market rate projects.
  • So it makes sense to assess these as their real value, which is as a LIHTC program project as opposed
  • He added that these are not projects switching back and forth between LIHTC and market rate; they are
Keywords: 1189, house, all
NH

New Hampshire 2025 Regular Session

Senate Energy and Natural Resources (02/11/2025)

Energy and Natural Resources

Transcript Highlights:
  • that we finance throughout the state, mainly through the federal low-income housing tax credit, or LIHTC
  • that we finance throughout the state, mainly through the federal low-income housing tax credit, or LIHTC
Keywords: 1191, senate, all
HI
Transcript Highlights:
  • we'll also note in the committee report that the unprecedented state funding over the last decade for LIHTC
Keywords: 912, senate, all
Summary: The joint House committees on Housing and Education heard HB 1713, HD1, which would repeal school impact fees and transfer remaining balances in the school impact fee and certain fair share accounts to the school facilities special fund. The Department of Education testified in opposition, while the Hawaii Housing Finance and Development Corporation, the Attorney General’s office (with comments and suggested constitutional amendments), the Department of Hawaiian Home Lands, the School Facilities Authority, Grassroot Institute of Hawaii, NAP Hawaii, Avalon Development Company, Mark Development, Maui Chamber of Commerce, Housing Hawaii’s Future, Landis Research Foundation, BIA Hawaii, and others testified in support. The Tax Foundation of Hawaii offered comments. The DOE said the bill would weaken a key tool for matching school facilities to residential growth, while supporters said the current program leaves funds unused or restricted in ways that limit their effectiveness. A lengthy discussion followed about the difference between the older school impact fee program and the separate fair share agreements tied to land use entitlements and change-of-zone approvals. DOE Deputy Superintendent Jesse Suki explained that fair share funds are tied to the district where they were collected, may be too small to build a full school on their own, and are held until needed for projects such as Core Ridge, Central and West Maui, and other planned schools. Committee members pressed DOE on why funds had remained unspent for years, how much money was in the accounts, and whether the department had reviewed audit findings about the program. Members also questioned whether homeowners ultimately bear these costs through developers passing them along. The committee did not take a vote during the portion of the meeting provided. The discussion ended with members and DOE debating whether the current statute should remain in place, whether past entitlements should be affected, and whether the bill should be amended to better address remaining construction-related obligations and the use of collected funds.
HI

Hawaii 2026 Regular Session

House Chamber - Wed May 6, 2026, 9:00AM HST - Day 57

Hawaii House Floor Meeting

Transcript Highlights:
  • Most LIHTC projects are going to be done through the 201H-38 program.
  • LIHTC projects and other affordable projects will likely still go through that current pathway.
Keywords: 910, house, all
NH

New Hampshire 2026 Regular Session

House Committee on Housing (01/22/2026)

Housing

Transcript Highlights:
  • Um, when we've looked into these projects, uh, so LIHTC, um, they're tax credit funded programs,
  • and in the LIHTC program you can get, depending on whether you're in the 4% or the 9% track, one being
Keywords: 1189, house, all
US

US Federal 2025-2026 Regular Session

US House Floor Proceedings (Tuesday, May 19, 2026)

US Federal House Floor Meeting

Transcript Highlights:
  • First, the bill was not intended to impact military housing, student housing, disability housing, or LIHTC-supported
  • First, the bill was not intended to impact military housing, student housing, disability housing, or LIHTC-supported