ALERT

1. Call the Capitol switchboard 888-460-0813 and ask for your Senators' office. Urge your Senator to include the A.C.T.I.O.N. proposals in the small business jobs bill.
2. If you know the DC-based tax and/or housing staffer for your Senator, call or e-mail him/her directly.
3. Make your case using our suggested talking points and state fact sheets to demonstrate the impact of our proposals. Also report pipeline "shovel-ready" projects currently without investment. Remind your Senator of the proposals' jobs potential.
4. Encourage partner organizations and groups in your network to do the same.

1. Extend the Low Income Housing Tax Credit (Housing Credit) exchange program to include bond-financed housing
2. Increase the Housing Credit carryback period to 5 years for new housing and qualifying existing housing
3. Expand the Housing Credit investor base by permitting Subchapter S, LLCs, and closely-held corporations to utilize the Credit

• Without any action, 60,000 new affordable apartments may be lost annually.
• With Congressional action, 138,000 new affordable apartments could be constructed or rehabilitated through 2011.

• Without any action, as many as 70,000 construction jobs may be lost annually.
• With Congressional action, 160,000 jobs could be created or saved through 2011.

• 12 billion in local income
• $1.2 billion in revenue to states and localities
• $3.4 billion in federal revenue