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Efficient Gov, January 31, 2017: (Blog) Will Federal Tax Cuts Devalue the Low Income Housing Tax Credit?

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“Trump hasn’t yet acted on his plan to slash the business tax rate from 35 percent to 15 percent, but the campaign pledge alone is already reshaping how affordable housing developers fund their work. The Low-Income Housing Tax Credit (LIHTC) has financed millions of rental housing units that are affordable to low-income Americans — and the promise of lower corporate tax rates has reduced its value in the eyes of investors.”

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