NCSHA Leader Calls on Affordable Housing Practitioners to Push for LIHTC, Bond Cap Increase
SAN DIEGO—Affordable housing practitioners must urge their members of Congress to raise the low-income housing tax credit and private activity bond caps this year, National Council of State Housing Agencies’ (NCSHA) Executive Director John McEvoy told the NCSHA House Credit Conference & Marketplace June 29. If Washington lawmakers fail to boost the LIHC cap to $1.75 per capita and accelerate the bond cap to $75 per capita, lobbyists will have to "start all over again next year with a new president and a new Congress," McEvoy said. "The only thing keeping this from happening this year is inertia. No one else can carry the message but you."
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