In response to both requests and suggestions to create a new membership level within AAHA, we enthusiastically added a Build Alabama Partner member category. It is all about contractors, builders, concrete companies, plumbers, painters, landscape companies, etc. and all those who make affordable housing possible for thousands of Alabama families. This membership category is open to all those companies and individuals that work on Section 42 Apartments from site purchase and preparation to the Grand Opening.

Without the skilled professionals performing every detail required to construct and equip Section 42 apartments, Alabama would be lagging behind in providing affordable housing. Alabama is one of the leading states in the success story of Low Income Housing Tax Credit (LIHTC) apartments since 1987 thanks to everyone involved. We can acknowledge and thank them through the Build Alabama AAHA Membership.

For only $200 annual dues, Build Alabama Partners receive the list with contact information, for all project awards in Alabama for both new construction and all properties where purchases are scheduled. Members will also get a free advertisement and Special Guest Invitations to each of these events.

• Sen. Wyden Introduces Housing Affordability Bills - We wanted to bring to your attention legislation (S. 3365) introduced on August 22nd by Senate Finance Committee Ranking Member Ron Wyden (D-OR) creating a new tax credit for the development of rental housing affordable to Americans with moderate incomes. You also may be interested in a second bill (S. 3364) introduced by Senator Wyden..
• Former U.S. Department of Housing and Urban Development Senior Counsel Joins Nixon Peabody - Nixon Peabody is excited to announce the arrival of Kathie Soroka as counsel to the firm’s Affordable Housing and Real Estate practice in New York City. Kathie is one of the nation’s foremost professionals in the Rental Assistance Demonstration (RAD), having been a key player in the development of the program’s structure while she served..
• Delivering Government Solutions in the 21st Century: Reform Plan and Reorganization Recommendations - When America’s Founders wrote the Constitution, they laid out a clear vision for the United States Government: to establish justice, ensure domestic tranquility, provide for the common defense, promote the general welfare, and secure the blessings of liberty. Moreover, they established Executive Branch organizations and structures to deliver on the Federal mission in ways appropriate..
• A New Opportunity to Defer Capital Gains Tax is Here - By Quinn Gormley and Todd Fentress A new Opportunity Zone program to encourage investment in low-income community business was included in the 2017 Tax Cuts and Jobs Act. New rules in the code allows taxpayers to defer capital gains on the sale of stock, business assets, or any property (whether or not the asset sold..
• Administration Proposed Reorg-USDA Housing Programs to HUD; Senate Votes Down FY18 Proposed Rescission; RD Announces FY19 Management Fees - CARH’S BROADCAST E-MAIL – Legislative & Regulatory Update June 22, 2018 Administration Proposes Wide Scale Reorganization of the Government—USDA Housing Programs to be Merged into HUD Administration’s Fiscal Year (FY) 2018 Proposed Rescission Voted Down by Senate RD Announces Increases in Management Fees for Fiscal Year (FY) 2019 1) Administration Proposes Wide Scale Reorganization of..