NCSHA Comments to Senate Finance Committee on Tax Reform

On behalf of our Housing Finance Agency (HFA) members, the National Council of State Housing Agencies (NCSHA) appreciates this opportunity to provide comments to the Senate Finance Committee on how the Committee can reform the current tax system in ways that further strengthen proven housing resources—specifically the Low Income Housing Tax Credit (Housing Credit) and tax-exempt private activity Housing Bonds (Housing Bonds)—thereby helping grow the economy, create jobs, and improve the lives of households across the nation. These critical programs, which HFAs administer in virtually every state, are essential to our nation’s ability to develop affordable rental housing and provide homeownership opportunities to people of modest means.