CLPHA Comments to HUD Re: Docket No. FR-6155-N-01 -- Review of HUD Policy in Opportunity Zones
On June 17, 2019, CLPHA submitted comments on HUD's notice seeking information on a review of HUD policy in opportunity zones.
On June 17, 2019, CLPHA submitted comments on HUD's notice seeking information on a review of HUD policy in opportunity zones.
Widely supported bipartisan, bicameral legislation to expand and strengthen the Low-Income Housing Tax Credit (LIHTC) was reintroduced in the Senate and House earlier this week. The Affordable Housing Credit Improvement Act (AHCIA) of 2019 (S. 1701 and H.R. 3077) is estimated to incentivize the building of over 450,000 affordable homes over the next decade and generate $48.5 billion in wages and business income, $19.1 billion in additional tax revenue, and 510,000 jobs.