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Low Income Housing Tax Credit

The Low Income Housing Tax Credit is a critical resource for preserving and improving affordable housing. In 2007, before investment declined, the tax credit was responsible for the preservation and rehabilitation of 65,000 affordable apartments, creating over 100,000 well paying jobs. Stimulating tax credit investment is now critical.  The lack of investment capital is stalling affordable housing development at a time when the need is greater than ever.

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