09/02/2013
https://www.congress.gov...
"We do not have enough stock of affordable housing. Supply and demand issues--it's just not affordable."
"Senators Young and Cardin introduced the Neighborhood Homes Investment Act, which would create a Federal tax credit to finance home building and rehabilitation in urban and rural neighborhoods."
"The Low-Income Housing Tax Credit... it's the strongest tool we have to date, but in and of itself, it's not enough."
"Congress needs to enact the New Markets Tax Credit Extension Act of 2023 (S. 234), which was introduced by Senators Cardin and Daines last month."