NLIHC and others estimate that the FY18 Omnibus Spending bill would eliminate more than 140,000 housing vouchers that families are expected to use in 2017.
United for Homes
Posts on the United for Homes campaign.
At the tax reform hearing many spoke about the mortgage interest deduction a $70B tax expenditure that primarily benefits higher income homeowners.
The administration plans for tax reform is considering capping the tax deduction at the first $500,000 of a mortgage and using it for tax cuts.
Housing advocates must demand that tax savings from reforming the mortgage interest deduction go to affordable homes for people with the greatest needs.
Tax reform can be used to reform the mortgage interest deduction (MID) by reinvesting the savings into rental homes for people with the greatest needs.