Fixing the Low-Income Housing Tax Credit

[Community Development Banking List]

Original message from: kjones@enterprisecommunity.com

This week, at cribnotes, I have posted an in-depth discussion written by
Blaise Rastello, Director of the Community Development Finance Lab
project at Milano: The New School for Urban Policy and Management ( for
which I was a fellow) about the proposal currently on the table to
improve the way the low-income housing tax credit works. As you know,
the current financial crisis has taken many investors out of the
market--and though it is a significant challenge, it is also a
significant opportunity to diversify the investor base.

Here is the link:

http://cribnotes.wordpress.com/2008/...-back-into-the
-tax-credit-market/

I look forward to seeing your comments.

Additionally, I am seeking a guest blogger to discuss the benefits and
challenges of the New Market Tax Credit Program. Particularly if you
think the program should be made permanent.

P.S. I have also posted a little opinion about the newly selected HUD
secretary!

Kristnya

Kristyna N. Jones

Development Analyst--Southeast Team
Enterprise Community Investments
10227 Wincopin Circle
Columbia, MD
-Direct Dial: (410) 772-2775
kjones@enterprisecommunity.com
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