NLIHC President Sheila Crowley sent a letter to President Barack Obama congratulating him on his reelection and calling for reform of the mortgage interest deduction in any tax reform legislation. She urges that savings achieved from mortgage interest deduction reform be used for housing, specifically funding the National Housing Trust Fund and expanding tax breaks for homeowners with incomes under $100,000. “Ending homelessness and achieving housing stability for millions of low income Americans would be a legacy as important as your achievement in health care,” said Ms. Crowley.
The National Low Income Housing Coalition is seeking organizational endorsements for its housing tax reform proposal. For more information, go to www.housingtaxreform.org.
Click here to endorse the proposal.
The letter to President Obama is attached.