East coast Real Estate practice head Kenneth Lore was quoted in Law 360 on the House Tax Bill, which eliminates tax-exempt private activity bonds considered crucial to financing affordable housing. It is noted that lawmakers likely do not understand the connection between these bonds and the Low Income-Housing Tax Credit (LIHTC) program. Ken stated, "Almost all of the new affordable housing that's being built is being done with the Low-Income Housing Tax Credits." ("House Tax Bill May Have Domino Effect On Affordable Housing," November 30, 2017)
Related Professionals
-
Partner+1.202.625.3555+1.212.940.8555
Washington, DC
