Enterprise Community reports that “Midterm Elections are Likely to Impact Affordable Housing and Community Development Programs.”
One-third of the House – including Congressmen Sires, Pascrell and Norcross are co-sponsors of the Affordable Housing Credit Improvement Act (H.R. 1661.)
Over one-third of the House has signed on to support the Affordable Housing Credit Improvement Act (H.R. 1661.) This bipartisan legislation would make significant strides towards addressing our nation’s severe shortage of affordable rental housing.
The FY 2018 omnibus spending package included two provisions to strengthen and expand the Housing Credit known as Low-Income Housing Tax Credit.
Did the intentional loss of SRO housing for the most low-income households in our country and across New Jersey has aggravated the affordable housing crisis?