Hearing on the Impact of Tax Incentive on Affordable Housing
2022-07-20T23:27:37-04:00https://ximage.c-spanvideo.org/eyJidWNrZXQiOiJwaWN0dXJlcy5jLXNwYW52aWRlby5vcmciLCJrZXkiOiJGaWxlc1wvZTg0XC8wMDJcLzE2NTgzNzUwODhfMDAyLmpwZyIsImVkaXRzIjp7InJlc2l6ZSI6eyJmaXQiOiJjb3ZlciIsImhlaWdodCI6NTA2fX19Affordable housing experts, advocates, and stakeholders testified at a Senate Finance Committee hearing on the impact of tax incentives on affordable housing. Topics included the housing supply shortage, increased costs to building new or rehabilitating old homes, the Low Income Housing Tax Credit (LIHTC), and rising rent and home prices. They also addressed concerns on private equity firms and real estate companies buying properties in low income communities that result in pushing out long-term residents.
Affordable housing experts, advocates, and stakeholders testified at a Senate Finance Committee hearing on the impact of tax incentives on… read more
Affordable housing experts, advocates, and stakeholders testified at a Senate Finance Committee hearing on the impact of tax incentives on affordable housing. Topics included the housing supply shortage, increased costs to building new or rehabilitating old homes, the Low Income Housing Tax Credit (LIHTC), and rising rent and home prices. They also addressed concerns on private equity firms and real estate companies buying properties in low income communities that result in pushing out long-term residents. close
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