Mortgage Interest Deduction (UFH)

Here you will find a variety of articles you can read about the Mortgage Interest Deduction Reform. See below for a list of articles. Check back frequently for updates.

Mortgage Interest Deduction Resources

Tax Reform Remains Priority for White House, Congress

Despite delays, White House officials hope to see tax reform legislation introduced and voted on in Congress after the August recess when Congressional members return to Washington. These officials say that tax reform remains a top priority for President Trump and the Republican-led Congress. Many…

Senate Committee Calls for Tax Reform Proposals

Senate Finance Committee Chairman Orrin Hatch (R-Utah) issued a request for ideas and feedback on how to improve the American tax system. NLIHC plans to submit the United for Homes (UFH) proposal calling for modest reforms to the mortgage interest deduction (MID) to better serve low and moderate…

Bill Would Provide Tax Relief to Renters

On February 8, Representative Alan Grayson (D-FL) introduced the “Renters Fairness and Equality Act,” H.R. 4494, to allow tax filers to deduct from their incomes the rent they paid or accrued on their principal residence during the taxable year. Currently, the federal tax code provides no housing-…