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The Office of Senator Maria Cantwell | Addressing the Challenges of Affordable Housing and Homelessness: The Housing Tax Credit

Published on March 24, 2016
The Office of Senator Maria Cantwell | Addressing the Challenges of Affordable Housing and Homelessness: The Housing Tax Credit

The Low-Income Housing Tax Credit is an important tool that drives private sector investment in affordable housing for families and the homeless. However, as this report demonstrates, the demand for this program far outstrips the need. That is why Senator Cantwell, alongside a coalition of over 1,300 organizations, will be proposing a 50% increase in resources for this program, enough to build another 400,000 affordable homes over the next 10 years.