The Hill, December 4, 2015: (Blog) Strengthen Low-Income Housing Tax Credit in tax extenders
“The central issue in negotiations is which tax extenders will be made permanent. If any are to be made permanent, minimum Low-Income Housing Tax Credit (Housing Credit) rates should be among them. Though the change is technical in nature, enacting permanent minimum 9 and 4 percent rates will have a major impact on the development of affordable housing, making it simpler and more financially feasible on a virtually cost-neutral basis.”