Coalition Letter Congressional Leadership Supporting an Expansion of the Low-Income Housing Tax Credit
Issue Date: November 17, 2022
US S 1136 - Affordable Housing Credit Improvement Act
On November 21 NAR signed on to A Call to Invest in Our Neighborhoods (ACTION) Campaign's letter to Congresssional leadership. In the letter the signatories representing over 2,400 national, state, and local affordable housing stakeholders, urge Congress to expand the reach of the Low-Income Housing Tax Credit before the end of the 117th Congress to increase essential affordable rental housing production. Increased resources are critically needed to better align the supply of rental housing with demand to combat skyrocketing rental housing costs that are harming American families, seniors, and all low-income renter households.