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Why the New Housing-Tax-Credit Fix Is Just a Drop in the Bucket

Why the New Housing-Tax-Credit Fix Is Just a Drop in the Bucket

A recent tax change will provide more stability to banks and developers that use the low-income housing tax credit program, and the supply of below-market-rate apartments should increase as a result. But it's not enough to create the economic incentives needed to meet skyrocketing demand for affordable housing in the U.S.

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