Let Congress Know America Wants to End Homelessness
As we posted last Thursday, DC is abuzz about taxes, and Senate Committee on Finance Chair Max Baucus (D-MT) and House Committee on Ways and Means Chair Dave Camp (R-MI) have invited the public to participate more in the tax reform conversation.
Their new website, www.taxreform.gov, provides a way for Congress to receive direct input from the people who would be most affected by tax reform: every day Americans like you.
We need to remind Congress to take into consideration how tax reform might help address our country’s most challenging housing problems. In fact, there is an opportunity for smart tax reform that will help end our country’s affordable housing shortage and homelessness!
United for Homes is the campaign to fund the National Housing Trust Fund through revenue raised from modifying the mortgage interest deduction. More than 1,000 organizations, including Monarch Housing Associates, have endorsed the United for Homes tax reform proposal to:
Convert the mortgage interest deduction to a non-refundable 15% credit.
Reduce the cap on the size of a mortgage eligible to receive the tax break to $500,000.
Direct raised revenue to the National Housing Trust Fund.
Funding the National Housing Trust Fund will not just boost the economy and create jobs – it will also help the lowest income families in all our communities find decent, affordable homes.
Take a few minutes to let Congress know this is important by filling out the form at www.taxreform.gov. To help you, we have created sample text you can customize (download as a Word Document or PDF), or you can contact us for assistance with your submission.
You can also tweet to @simplertaxes why the United for Homes tax reform proposal would be a smart and popular choice for Congress. Here are some example tweets:
@simplertaxes I support a fairer tax code that can help #housing and #endhomelessness; Reform the MID and fund the #NHTF! #UnitedForHomes
@simplertaxes #UnitedForHomes mortgage interest deduction reform would generate $200 billion that could help #housing by funding the #NHTF
@simplertaxes 16 million more taxpayers would get tax break (99% of whom earn less than $100,000 a year) through #UnitedForHomes MID reform
Americans want to end homelessness, and that’s why this is a tax reform proposal we can all unite behind. Let’s make sure that addressing America’s housing inequities is part of the tax reform conversation.
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