#housingtaxcredit
San Jose Housing Boost as Tax Credit Changes Unlock Stalled Projects
As the nation continues to grapple with cuts to social safety nets, a new provision in the congressional budget bill has provided a significant boost to affordable housing efforts. The recently passed H.R. 1 includes an increase in the Low Income Housing Tax Credit program, which has long served as the primary federal tool for financing affordable housing projects. Starting next year, states will be able to permanently expand their tax credit allocations by 12 percent, giving developers new o
San Jose Housing Boost as Tax Credit Changes Unlock Stalled Projects
As the nation continues to grapple with cuts to social safety nets, a new provision in the congressional budget bill has provided a significant boost to affordable housing efforts. The recently passed H.R. 1 includes an increase in the Low Income Housing Tax Credit program, which has long served as the primary federal tool for financing affordable housing projects. Starting next year, states will be able to permanently expand their tax credit allocations by 12 percent, giving developers new o









