OAKLAND MAYOR LIBBY SCHAAF SIGNS BIPARTISAN LETTER ON AFFORDABLE HOUSING

OAKLAND MAYOR LIBBY SCHAAF SIGNS BIPARTISAN LETTER ON AFFORDABLE HOUSING

Oakland Mayor Libby Schaaf Signs Bipartisan Letter On Affordable Housing.

The legislation is  Affordable Housing Credit Improvement Act of 2019 . The bill would expand the Affordable Housing Tax Credit – also known as the Low Income Housing Tax Credit – creating more than 550,000 new units than would otherwise be built.

Affordable Housing Credit Improvement Act of 2019

The legislation would also strengthen veteran-specific housing options and allow states to increase the credits available for projects in rural areas.

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