- Created: Tuesday, 31 March 2015 07:48
- Written by Libby Murphy
Last week, Minnesota Congressman Keith Ellison re-introduced the Common Sense Housing Investment Act for 2015 in the U.S. House of Representatives. The bold proposal would convert the mortgage interest deduction (MID), long considered untouchable yet highly regressive, to a non-refundable tax credit. The federal tax dollars saved would be directed to programs for lowest-income renters.