Housing Tax Credit Seeks Solutions
On May 5, LeadingAge joined more than 2,000 other organizations in a letter to Congress supporting a 4% minimum LIHTC rate floor, lowering the 50% bond financing threshold for 4% LIHTC developments, increasing the annual Housing Credit allocation by 50%, and providing additional basis boosts for vulnerable properties impacted by COVID-19.
Questions?
Contact:
Alyssa Odegaard- Vice President, Public Policy
c: 206.948.2279