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Candidate O’Rourke Releases Housing Plan, Including Permanent Affordability for 9 Percent LIHTCs

Friday, October 11, 2019 - 2:45PM

Beto O’Rourke, a Democratic candidate for president, today released a housing plan that requires permanent affordability for homes funded by the 9 percent low-income housing tax credit. O’Rourke, a former U.S. congressman from Texas, also proposes a $400 billion investment in the National Housing Trust Fund and a $60 billion investment in the Capital Magnet Fund over a decade. O’Rourke proposes a $50 billion investment in public housing and vows to increase funding for Housing Choice Vouchers so that any family earning less than 50 percent of the area median income can receive a voucher.

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