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Affordable Housing Practitioners Must Lobby for Increase to LIHTC and Private Activity Bond Caps

Monday, September 25, 2000 - 1:30AM

Affordable housing practitioners must lobby Washington lawmakers to support a full and immediate increase to the low-income housing tax credit and private activity bond caps before time runs out, National Council of State Housing Agencies’ (NCSHA) Executive Director John McEvoy told NCSHA’s 30th Anniversary Conference, Sept. 25.

Despite the fact that 85 percent of Congress has cosponsored the cap increases and both the Bush and Gore presidential campaigns, as well as the White House, have endorsed a full and immediate cap increase, victory is not inevitable. "We have never come so close to victory as we have today," McEvoy told conference attendees. "What can go wrong? Everything. Run, don’t walk to the phone. You have to call every cosponsor and tell them you want an immediate cap increase, not this swishy, soft phased-in increase. We’ve come too far to falter now." To contact a member of Congress, call the Capitol switchboard at (202) 224-3121.

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