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NAA/NMHC working against homeownership incentives.(Political Insider: Capitol Beat)
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Units
- Article date:
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April 1, 2008
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Copyright informationCOPYRIGHT 2008 National Apartment Association. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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AS THE FORECLOSURE CRISIS WORSENS, lawmakers are under pressure to "do something." One proposal backed by the National Association of Home Builders and others would create a new tax credit for people who buy a new house or a house in default or foreclosure. Legislation currently is pending in the Senate (S 2566) that would create such a homebuyer credit, and it has significant support among Republican leaders.
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Through its lobbying efforts and media outreach, NAA/NMHC have pointed out that the real problem in the housing market is not the oversupply of housing, which the marketplace should correct, but the liquidity crisis in the capital markets. ...
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Give credit where credit is due: demand for affordable housing in the...
Journal of Property Management;
November 1, 2006 ;
Mirel, Diana;
787 words
......demand for affordable housing continues...Low-Income Housing Tax Credit (LIHTC...4 percent tax credit for the development of affordable housing. While the...difficult to make affordable housing developments...feasible. The tax credit ...
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GRAHAM, MACK INTRODUCE LEGISLATION TO EXPAND LOW INCOME HOUSING TAX CREDIT
Capitol Hill Press Releases;
May 12, 1999 ;
392 words
......Low-Income Housing Tax Credit has helped to...million units of affordable housing in the United...legislation -- The Affordable Housing Opportunity...that important tax credit and index its...safe, quality, affordable housing. The Low Income Housing ...
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Redefining affordable housing in region
Michigan Chronicle;
June 18, 2002 ;
Keating, K. Noreen;
787 words
......years we built affordable housing under tax credit projects which...reduction in affordable housing. Tax credit units may be...cities. More tax credit projects, more...that brings affordable housing to central cities...
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TAX CREDIT BREATHING LIFE INTO LOW-COST HOUSING
The Boston Globe;
March 14, 1998 ;
Thomas Grillo, Globe Correspondent;
745 words
......or build affordable housing at a profit. The tax credit is a complicated...through the tax credit program...units of affordable housing have been...said, the tax credit program is...even more affordable housing will be needed...
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Fundamentals of the Low Income Housing Tax Credit program.
Appraisal Journal;
January 1, 2005 ;
Polton, Richard E.;
787 words
......who values an affordable housing project has...Income Housing Tax Credit Program that...Income Housing Tax Credit (LIHTC) program...the current affordable housing development...iteration of affordable housing development...Income Housing Tax ...
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 "News-Gazette (Champaign-Urbana, IL)")
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Tax credit that aids housing work extended.
News-Gazette (Champaign-Urbana, IL);
June 22, 2005 ;
595 words
......SPRINGFIELD -- An affordable housing tax credit that has aided developments...extension. The Illinois Affordable Housing Tax Credit helps thousands of...2011. The Illinois Affordable Housing Tax Credit is an excellent example...
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Changes in attitude: realtors' survey reports Americans now support...
Builder;
August 1, 2004 ;
Zurier, Steve;
653 words
......associations form affordable housing task forces...Homeownership Tax Credit, which, would give builders a tax credit of up to 50 percent...would provide affordable housing in distressed...time to get the tax credit through. WE'RE...Americans rated ...
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Housing tax credit builds better cities
Chicago Sun-Times;
January 11, 1998 ;
787 words
......Low-Income Housing Tax Credit program. Created...outgrowth of an affordable housing program started...Income Housing Tax Credit program is...involvement in affordable housing. Today, tax...000 units of affordable housing in 1996, down...The current ...
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LOW INCOME HOUSING TAX CREDIT PROGRAM:RICHARD J. FERRARA
Congressional Testimony;
May 12, 1999 ;
787 words
......Income Housing Tax Credit Program...supply of affordable housing and to maintain...need for affordable housing in Maryland...income housing tax credit to assist...Income Housing Tax Credit, the preservation of this affordable housing would ...
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SEN. CANTWELL AIMS TO INCREASE ACCESS TO SAFE, AFFORDABLE HOUSING FOR...
US Fed News Service, Including US State News;
February 26, 2008 ;
787 words
......introduced the Affordable Housing Investment Act to create more affordable housing by updating...low-income housing tax credit, and made the...low-income housing tax credit program-a program...construct needed affordable housing in communities...the ...
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Builders Testify Before Congress on Legislative Solutions To Remove...
PR Newswire;
June 12, 2003 ;
651 words
......production of affordable housing and to expand...homeownership tax credit to support...home buyers' tax credit that can help...difficult to build affordable housing or that add...to build affordable housing in several...achieve the affordable ...
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Keep housing tax credit, Daley urges
Chicago Sun-Times;
September 11, 1991 ;
Ray Long;
184 words
......Tuesday to make a low-income housing tax credit permanent to bolster affordable housing programs in Chicago and other cities. The temporary tax credit, initially approved five years...construction of more than 5,300 units of affordable housing in Chicago, Daley said. ...
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