Representatives Alma Adams (D-NC), Carolyn Maloney (D-NY), and David Rouzer (R-NC) introduced the LIHTC Financing Enabling Long-term Investment in Neighborhood Excellence (LIFELINE) Act, H.R. 7078, which would allow states and localities to use Coronavirus State and Local Fiscal Recovery Fund (SLFRF) resources to make long-term loans to Housing Credit developments. NH&RA endorsed the legislation and is working with our partners to advance both legislative and regulatory fixes.
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