WGA shares policy recommendations for expanding affordable housing with Senate

In correspondence with the Senate, WGA submitted policy suggestions in response to a committee hearing regarding the role that tax policy plays in expanding affordable housing. The letter of March 7, signed by WGA Executive Director Jack Waldorf, highlighted the need for legislation that lowers the threshold of Private Activity Bond financing from 50% to 25% and ensures that the Low Income Housing Tax Credit (LIHTC) Program works more effectively for underserved communities. “Housing is foundational to economic development and community vitality,” the letter stated. “The need for a greater diversity of housing options goes beyond the obligation to treat people with dignity, as it is also cost effective for governments.” Read more for additional details.

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