FROM BAD TO WORSE IN A TIGHT U.S. HOUSING MARKET
The Low-Income Housing Tax Credit (LIHTC) is a federal program providing tax credits to developers who build new housing for low-income renters.
The VITAL
Act would increase funding for the LIHTC program to increase the number of
accessible homes.
The key measure of VITAL is it would require that states construct at least 20 percent of their LIHTC units as accessible and/or walkable and rollable.
The act has
been endorsed by a host of disability advocacy organizations, including The
Kelsey.
The Kelsey is a disability-forward housing developer in the San Francisco-San Jose area.
In less than two years, it has secured the co-development of 227 inclusive,
affordable homes in one of the nation’s most challenging housing markets.
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