Mixed-Use & Residential Ricardo Álvarez-Díaz, FAIA Mixed-Use & Residential Ricardo Álvarez-Díaz, FAIA

How Planned Tax Cuts Could Deepen Affordable Housing Crisis

President Trump’s election has affordable housing developers on pins and needles and numerous U.S. cities and housing advocates predicting disaster.

The newly elected president’s pledge to cut the corporate tax rate from 35 percent to 15 percent has prompted large banks and other investors to back away from tax credits that reduce their tax burden in exchange for investing in low-income housing projects.

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