Today Senators Maria Cantwell (D-WA) and Olympia Snowe (R-ME), and Congressmen Pat Tiberi (R-OH-8) and Richard Neal (D-MA-2) introduced legislation in the House and Senate to enact the A.C.T.I.O.N. campaign proposals.

H.R. 3661 and S. 1989 were introduced with a handful of bipartisan cosponsors including:

Congressman Vern Buchanan (R-FL-13)

Congressman Emanuel Cleaver II (D-MO-5)

Congressman Joseph Crowley (D-NY-7)

Congressman Jim Gerlach (R-PA-6)

Congressman Bill Pascrell Jr. (D-NJ-8)

Congressman Charles Rangel (D-NY-15)

Congressman Lee Terry (R-NE-2).

and

Senator Jeff Bingaman (D-NM)

Senator Scott Brown (R-MA)

Senator Susan Collins (R-ME)

Senator Ben Cardin (D-MD)

Senator Mike Crapo (R-ID)

Senator John Kerry (D-MA)

Senator Robert Menendez (D-NJ)

Senator Bill Nelson (D-FL)

Senator Bernie Sanders (I-VT)

This signal of bipartisan support is a result of the education and advocacy outreach efforts of A.C.T.I.O.N. coalition members in every state.

If enacted, the provisions will bring stability and efficiencies to the Housing Credit community, maximizing the availability of private equity capital at a time when sources of gap financing are more difficult to obtain.

Ask your members of Congress to support and cosponsor this legislation, and urge your colleagues to do the same and join the campaign!

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