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The Affordable Housing Tax Credit Coalition The Affordable Housing Tax Credit Coalition
  • ABOUT
    • About the AHTCC
    • AHTCC Members
    • AHTCC Leadership
    • Contact Us
    • Finding Housing
  • ADVOCACY
    • Affordable Housing for Veterans
    • COVID-19 Response
    • The Housing Credit
    • Legislation
    • Regulatory Issues
    • Resident Stories
    • AHTCC Legislative Priorities
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    • Charles L. Edson Tax Credit Excellence Awards
    • Champion of Affordable Housing Award
    • David Reznick Lifetime Achievement Award
  • GALLERY
  • EVENTS
  • NEWS
  • VETERANS
  • JOIN AHTCC
Jul 22

AHTCC Executive Director Calls for Support for Housing Credit in New York Times Letter to the Editor

  • July 22, 2019
  • 2019 News, Advocacy Resources, Affordable Housing Credit Improvement Act (AHCIA), AHTCC Organizational Update, Housing Credit

In a letter to the editor published in the New York Times, AHTCC Executive Director Emily Cadik responds to an editorial on 2020 presidential candidates’ proposals to address the high cost of housing by encouraging support for expanding and strengthening the Low-Income Housing Tax Credit. The letter is printed below.

To the Editor:

Re “A New Approach on Housing” (editorial, July 8), about how some “Democratic presidential candidates are promoting industrial-strength plans to ease the pain” of the high cost of rental housing:

Effective approaches harnessing what you call the “irresistible force” of the federal government already exist.

One, the Low-Income Housing Tax Credit, a federal incentive for private-sector investment in the construction of such housing, has helped millions of Americans afford rental housing since its introduction in 1986. And it’s up for an expansion this year — giving presidential candidates a chance to get on the record behind a proven remedy to the nation’s housing scarcity.

We applaud any White House hopeful who takes on the issue of affordable housing. Let’s hope the candidates consider options that not only lay out big plans for the future but that also can start making a difference right away.

Emily Cadik
Washington

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The Affordable Housing Tax Credit Coalition is a trade organization of housing professionals who advocate in support of the Low-Income Housing Tax Credit

LATEST NEWS FROM AHTCC

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Retweet on TwitterAHTCC Retweeted
16 Jan

The IRS just issued long-awaited guidance to extend Housing Credit deadlines and provide other flexibilities in light of the COVID-19 pandemic. Initial IRS relief expired at the end of 2020, and new ... notice extends through Sept 2021 and later. Our summary: https://www.taxcreditcoalition.org/irs-issues-housing-credit-relief-in-response-to-covid-19-crisis/

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