Quote: Jan. 29, 2024
“MBA and its members have long called for enacting tax provisions that address our nation’s housing affordability crisis and the acute shortage of homes for owning and renting. We support this bill, particularly for its meaningful enhancements to the Low Income Housing Tax Credit that will produce an estimated 200,000 additional rental units over the next two years.”
–MBA President & CEO, Bob Broeksmit, CMB, from a “Call to Action” urging Mortgage Action Alliance members to support H.R. 7024, the bipartisan Tax Relief for American Families and Workers Act of 2024.