09/28/2015
https://www.congress.gov...
"It has a multiplier effect in terms of what it does for generating more moderate-income housing."
"Were the tax credit program not available, would you have had that big an investment?"
"We want to make sure the integrity of the programs that raise the money by the syndicators is intact."
"It is the only way we are going to have money flowing into two things that meet the test of what we want to give a tax credit for."