Biden-Sanders Joint Task Force Calls for NMTC Permanence, Increased Investment in Affordable Housing and Renewable Energy

Thursday, July 9, 2020 - 11:30am

A unity task force created by Vice President Joe Biden and Sen. Bernie Sanders, D-Vt., yesterday released a set of policy recommendations for a Biden administration if he wins the presidential election in November. The 110-page task force blueprint calls to expand and make permanent the new markets tax credit (NMTC) and to double the funding for community development financial institutions. The policy recommendations also call for robust investments in affordable housing and renewable energy.