Bloomberg Tax: Lawmakers Eye Tax Credit in Bipartisan Affordable Housing Bill
A bipartisan group of lawmakers is proposing to boost U.S. affordable housing by 2 million units over the next decade by expanding a key tax credit as part of President Joe Biden’s agenda on jobs and the economy. The Affordable Housing Improvement Act of 2021, spearheaded by Representatives Suzan DelBene and Jackie Walorski, would permanently increase…