At the end of January, Amy Albery, Senior Vice President, Asset Management, and Senior Vice President Bill Hinga represented Wallick Communities at the annual Affordable Housing Tax Credit Coalition (AHTCC) meeting.
The Affordable Housing Tax Credit Coalition is a trade organization made up of developers, investors, lenders, and for-profit and nonprofit attorneys and accountants, who use legislative outreach and education to advocate for affordable rental housing, financed through the Low-Income Housing Tax Credit (Housing Credit). The Housing Credit is a public-private partnership that addresses the nation’s affordable housing needs. Since 1986, the Housing Credit program has financed nearly 3 million low-income units nationwide for families, seniors, veterans, and those with special needs. Over 128,000 of those units are located in Ohio.
On the meeting’s first day, Amy served as a panel member for the session “Promoting the Housing Credit in the New Congress and Administration”. During the discussion, she described the strategy behind Wallick’s grand re-openings of tax credit communities and the efforts used to attract Congressional members to participate in these events. The photo above, shows Amy Albery along with a presentation depicting U.S. Congressman Jim Jordan, of Ohio’s 4th District, at Fostoria Townhomes.
“During grand re-opening events, the inclusion of all business partners, who worked together to make these communities a reality, is the most successful way of fully explaining the importance of affordable housing to federal representatives. It’s about creating a story, that ends with a resident settling into their new home.”
— Amy Albery, SVP of Asset Management
The AHTCC annual meeting covered several other relevant topics as well, such as the latest issues impacting tax credit investors, how the outcome of the election could affect the Housing Credit program, and how to handle challenging questions from members of Congress, media and other sources.
If you would like to learn more about the Affordable Housing Tax Credit Coalition, please visit www.taxcreditcoalition.org.
Thank you Amy Albery and Bill Hinga for representing Wallick Communities at the AHTCC annual meeting. All of your efforts and dedication toward advocacy are greatly appreciated.