House Housing Credit Champions’ Letter to Leadership on Program Needs During COVID-19 Pandemic
On April 16, Representatives Suzan DelBene (D-WA), Kenny Marchant (R-TX), Donald Beyer (D-VA), and Jackie Walorski (R-IN), the four lead sponsors of the Affordable Housing Credit Improvement Act (H.R. 3077) sent House Speaker Nancy Pelosi (D-CA) and Minority Leader Kevin McCarthy (R-CA) this letter urging them to enact a minimum 4 percent Housing Credit rate and consider lowering the “50 percent test” for multifamily Housing Bond-financed properties in the next COVID-19 response package.
