Tag Archives: Media

NAHRO Members: Share Stories about How the LIHTC Rates Helps Create Housing and Jobs!

On Tuesday, Nov. 25, NAHRO is asking members to pitch their Low Income Housing Tax Credit (LIHTC) success stories to local media outlets as a part of our national push to educate members of Congress about why LIHTCs are beneficial and important to their home districts.

The fixed rate 4 percent and 9 percent rates expired at the end of the 2013 calendar year and have not been renewed. There are two legislative options to fix this problem: temporarily extending the credits or permanently authorizing them. NAHRO supports a temporary extension to allow communities to access these critical credits as quickly as possible, but hopes that Congress will approve the permanent authorization to avoid another lapse if a temporary fix is allowed to expire again.

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