Yesterday, the U.S. Senate began debating its tax reform plan and a final vote on the proposal could happen as soon as today. The Senate plan puts federal investments in affordable housing at risk of deep cuts by severely devaluing the Low-Income Housing Tax Credit, limiting future discretionary spending, and through possible automatic spending reductions to critical programs like the national Housing Trust Fund, rental assistance, among many others. In Massachusetts, it is estimated that that Senate plan would result in the loss of over 8,000 homes being created over the next decade.
Please call your Senators as soon as possible and tell them to protect affordable housing by voting NO on the tax reform bill.
For Massachusetts, contact:
For contact information for other states, click here.
For updates and more information on the tax reform proposal and its impact on affordable housing, please visit the National Low Income Housing Coalition or ACTION Affordable Rental Housing Campaign.
If you have any questions, please contact Eric Shupin, Director of Public Policy, at email@example.com or (617) 742-0820.