Features Articles related to Mortgage Interest Deduction, LIHTC
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Tax Programs & Policy Resources
U.S. senators will return to Washington next week to debate a GOP tax reform bill that puts future federal investments in affordable housing at risk of deep cuts. Join…
On Thursday or Friday of this week, the House of Representatives will vote on tax reform legislation that will increase the severity of the affordable housing crisis. It is critical that members of Congress hear from you about the impact in your community.
BACKGROUND
Comprehensive tax reform…
The House Ways and Means Committee approved the Republican tax reform bill, the “Tax Cuts and Jobs Act” (HR 1), by party-line vote of 24-16 on November 9, after four days of marathon debate. The House will likely vote on passing the bill later this week. NLIHC has significant concerns with…
A report released by NLIHC and the Institute on Assets and Social Policy (IASP) at Brandeis University, Misdirected Investments: How the Mortgage Interest Deduction Drives Inequality and the Racial Wealth Gap, shows that the mortgage interested deduction (MID) disproportionately benefits white…