You can add affordable housing advocates to the group of people concerned about tax reform. Their objection centers around eliminating the tax-exempt private activity bonds, which generate tax credits that are used to pay for the construction and preservation of affordable housing. And they calculate that would prevent 17,000 homes from being built in New York. William Simmons, President of the New York State Public Housing Authority Directors Association and Executive Director of the Syracuse Housing Authority, and, Deborah VanAmerongen, New York State Association for Affordable Housing board member and a former commissioner of the state Division of Housing and Community Renewal, join us to discuss.
Tax reform and the possible impact on affordable housing
By Capital Tonight Staff | November 13, 2017 @5:22 PM