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HTC Affordable Housing Letter

09-14-2017 16:50

In August 2017 the National Trust for Historic Preservation, the National Trust Community Investment Corporation, and the Historic Tax Credit Coalition submitted a letter to the Senate Finance Committee in response to a hearing about the affordable housing crisis. This letter notes that roughly half of all HTC projects produce housing and highlights the fact that, in 2017, 34 percent of the housing units created using the HTC were affordable, for a total of 7,181 units. The HTC not only helps address our affordable housing crisis in combination with the Low-Income Housing Tax Credit and the New Market Tax Credit but it also works independently to support historic preservation and economic revitalization.

#Advocacy #historictaxcredit #congress #AffordableHousing

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HTC Affordable Housing Letter   264K   1 version
Uploaded - 09-14-2017
August 2017

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