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NHC supports bipartisan bill to save affordable housing – 50,000 units lost to loophole

The National Housing Conference (NHC) strongly supports the Save Affordable Housing Act of 2019, which was introduced in the House and Senate last week. This bipartisan legislation is designed to reverse a loophole in the tax code that has caused the loss of 50,000 units of existing affordable housing – 10,000 units a year – according to analysis by the National Council of State Housing Agencies (NCSHA).

National Housing Conference Statement on the Affordable Housing Credit Improvement Act of 2019

The National Housing Conference (NHC) applauds Senators Maria Cantwell (D-Washington), Johnny Isakson (R-Georgia), Ron Wyden (D-Oregon), and Todd Young (R-Indiana), and Representatives Suzan DelBene (D-Washington), Kenny Marchant (R-Texas), Don Beyer (D-Virginia), and Jackie Walorski (R-Indiana) for their bipartisan leadership in introducing the Affordable Housing Credit Improvement Act of 2019, S. 1703/H.R. 3077.

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