- Created: Tuesday, 12 December 2017 17:49
- Written by Carolyn Szczepanski
Congress is moving forward on tax reform — and affordable housing is at risk. Please take action TODAY!
Tomorrow conference committee members will meet to begin finalizing a bill that could land on President Trump's desk as soon as next Wednesday. If provisions passed in the House are included in the final bill, the impact on affordable housing would be devastating.
Eliminating Multifamily Housing Bonds — a type of tax-exempt private activity bond used by state Housing Finance Agencies to acquire, construct, and rehabilitate affordable multifamily housing — would result in the loss of 3,400 affordable rental units per year in Minnesota alone.
There's still time to make your voice heard. Both Congressmen Paulsen (R-MN3) and Emmer (R-MN6) have publicly spoken out in support of Housing Bonds, but we need to continue to contact Senators and conference committee members, especially:
- Rep. Kevin Brady (R-TX) | 202-225-4901
- Rep. Paul Ryan (R-WI) | 202-225-3031
- Sen. Mitch McConnell (R-KY) | 202-224-2541
- Sen. Orrin Hatch (R-UT) | 202-224-5251
Also reach out to other conference committee members (below) and to key staffers working on this issue.