HAG: American Rescue Plan Act Approved; Next Steps for the Affordable Housing Credit Improvement Act

On March 10, 2021, the House of Representatives passed the Senate version of the American Rescue Plan Act, a robust $1.9 trillion COVID-19 relief package that is a major priority for the Biden Administration and congressional Democrats. The bill passed the House largely on a party-line vote of 220-211 with one Democrat voting against it. The bill, which passed the Senate on March 6, 2021 by a vote of 50-49, is expected to be signed by President Biden on March 12. No Republicans supported the measure in either the House or Senate.

To view the complete news release, visit Housing Advisory Group

Courtesy of Housing Advisory Group

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