Housing Credit Stakeholder Sign-On Letters in Support of Fixing Qualified Contracts, Right of First Refusal
These letters from NCSHA and other Housing Credit stakeholders to House Speaker Nancy Pelosi, House Ways and Means Committee Chair Richard Neal, Senate Majority Leader Charles Schumer, and Senate Finance Committee Chairman Ron Wyden express support for provisions in reconciliation legislation to close the qualified contract loophole and mitigate investor challenges to nonprofit developers seeking to exercise their statutorily given right of first refusal.
