Budget-cutting fever in Washington is now threatening the only nationwide federal subsidy for production of low-cost rental housing. The Affordable Housing Tax Credit Coalition is mobilizing a rebuttal to a new proposal by Sen. Tom Coburn (R-Mo) to eliminate the Low-Income Housing Tax Credit Program. The coalition has prepared a rebuttal to Coburn’s very thinly reasoned attack on the program. Click here to read it. If you want to support the coalition’s efforts, contact Victoria Spielman, Executive Director, AHTCC, victoria.spielman@taxcreditcoalition.org, or (202) 585-8162.
Senator Coburn (R-Mo)
Affordable Housing Tax Credit Faces Elimination
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