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Legislation would extend tax credit for low income housing

Reps. Pat Tiberi (R-Ohio) and Richard Neal (D-Mass.) said on Thursday they would introduce legislation that would aim to make affordable housing more available and remove uncertainty in the tax code. The legislation would make the low-income housing tax credit permanent in an effort to boost the affordable housing market. “I’ve seen first-hand the benefits of the low-income housing tax credit during my visits to low-income housing developments in my district,” Tiberi, the chairman of the House Ways and Means Subcommittee on Select Revenue Measures, said…Read More


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