Bill to Fund NHTF Held Until November
Representative Keith Ellison (D-MN) decided to wait until after the November election to introduce his bill that would fund the National Housing Trust Fund (NHTF) with savings gained from reform of the Mortgage Interest Deduction (MID). This will allow time to finalize specific policy issues in the bill.
The NHTF Campaign continues to collect endorsements of the NLIHC proposal to reform the MID and directs savings to the NHTF. The proposal would:
- lower the cap from $1 million to $500,000 on the amount of a mortgage for which the interest paid gives the mortgage holder a tax break, and
- change the tax deduction to a tax credit that would broaden the number of middle and low income homeowners who would get a tax break.
Click here to read more about the proposal.
Click here to join us in endorsing the proposal.
Monarch Housing Associates
Building Homes
Transforming Lives
1990-2013
Tagged as: National-Housing-Trust-Fund, NLIHC
Kate Kelly joined Monarch Housing Associates in March of 2011. Prior to that, she worked for seven years at the Partnership for Strong Communities in Hartford, Connecticut as the Reaching Home Campaign Manager. Managing the statewide effort to end long-term homelessness, Kate effectively implemented statewide advocacy campaigns to fund over 700 new supportive housing units for individuals and families. She has experience directing fundraising events and presenting federal and state conferences. At the Partnership, she educated state and federal legislators and staff about supportive housing homelessness issues and advocated for new funding sources. She has also developed public forums that led to formal policy recommendations and educated local constituencies such as policymakers, legislators and funders. Ms. Kelly received her B.A. in government from the University of Notre Dame and an M.S.W from the University of Connecticut School of Social Work. Click here to send Ms. Kelly an email.
Kate has written 958 awesome articles.
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