A bipartisan group of Senators and Representatives introduced the Workforce Housing Tax Credit Act, intended to increase the supply of affordable housing for middle-income families who earn too much to qualify for low-income affordable housing but not enough to afford housing near where they work. MBA joined several other organizations to support the legislation.
Tag: Workforce Housing Tax Credit Act
Quote: Dec. 12, 2023
“We are writing to thank you for introducing the Workforce Housing Tax Credit Act to establish a tax credit for workforce housing. Our industry strongly supports this groundbreaking legislation that represents an integral step to address the severe shortage of workforce housing available to millions of this nation’s hardworking families.”
–MBA and other trade associations in a letter to Congress supporting the Workforce Housing Tax Credit Act