Representatives Pat Tiberi (R-OH) and Richard Neal (D-MA) recently introduced H.R. 4717, a bill which would establish a permanent floor for both the 9% and 4% Low-Income Housing Tax Credit (LIHTC). The bill would create a fixed nine percent rate for new rental construction property and a fixed four percent rate for existing property.
Story Update April 30, 2014: This past week, Senate Majority Leader Harry Reid (D-NV), said that he will soon have the Senate vote on the EXPIRE Act. The bill made it out of the Senate Finance Committee with broad bipartisan support on April 3, and industry experts expect it to pass the full Senate with […]
http://umadvisory.org/which-states-have-the-strongest-commitment-to-renewable-power/
Download