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Congress Avoids Shutdown, Unveils Bipartisan Tax Package

 Congress Avoids Shutdown, Unveils Bipartisan Tax Package

National Apartment Association

The recent deal to avoid a government shutdown featured important provisions related to the Low-Income Housing Tax Credit (LIHTC) program. The National Apartment Association (NAA) and every major rental housing organization support the package, which includes an extension for three years of the 12.5% increase in the nine percent credit cap and a reduction in the threshold for LIHTC transactions to qualify for bond financing.

Source: https://www.naahq.org/congress-avoids-shutdown-unveils-bipartisan-tax-package

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