Senate Omnibus Housing Bill - Feb 8th, 2023
The Senate Economic Development Committee heard from Maura Collins on Wednesday about Low-Income Housing Tax Credits (LIHTC) funds.
Key Takeaways:
- VHFA is proposing a revolving loan fund as a less-complex alternative to LIHTC.
- Employers from all industries are getting squeezed by the housing crisis.
- Construction costs have doubled since 2016.