Orrin Hatch Maria Cantwell Ron Wyden Low Income Housing Tax Credit Rob Likes KeyBank GlobeSt.com: Sens. Hatch and Cantwell have introduced legislation to help incentivize the development of affordable housing, expanding the Low Income Housing Tax Credit program by 50%. Does this represent the tail wagging the dog in terms of getting more private sector involvement with affordable housing? Rob Likes: GlobeSt.com: Aside from expanding the availability of the tax credits, what are some other provisions of the legislation? Likes: GlobeSt.com: The existence of the LIHTC program speaks to a responsibility on the part of the federal government to help grow the supply of affordable housing. How do the public and private sectors share responsibility? Likes: GlobeSt.com: Tell us about some of the state and municipal programs to encourage affordable housing, and in particular how organizations like KeyBank work with them. Likes: GlobeSt.com: What do you see in the future as far as the rate of development and preservation is concerned, and different levels of private sector participation coming into it? Likes: Steady gains in the US economy have resulted in net positives for the multifamily sector—will this wave continue for the foreseeable future? What's driving development and capital flows? Join us at RealShare Apartments on October 19 & 20 for impactful information from the leaders in the National multifamily space. Learn more. Orrin Hatch Maria Cantwell Ron Wyden Low Income Housing Tax Credit Rob Likes KeyBank GlobeSt.com: Sens. Hatch and Cantwell have introduced legislation to help incentivize the development of affordable housing, expanding the Low Income Housing Tax Credit program by 50%. Does this represent the tail wagging the dog in terms of getting more private sector involvement with affordable housing? Rob Likes: GlobeSt.com: Aside from expanding the availability of the tax credits, what are some other provisions of the legislation? Likes: GlobeSt.com: The existence of the LIHTC program speaks to a responsibility on the part of the federal government to help grow the supply of affordable housing. How do the public and private sectors share responsibility? Likes: GlobeSt.com: Tell us about some of the state and municipal programs to encourage affordable housing, and in particular how organizations like KeyBank work with them. Likes: GlobeSt.com: What do you see in the future as far as the rate of development and preservation is concerned, and different levels of private sector participation coming into it? Likes: Steady gains in the US economy have resulted in net positives for the multifamily sector—will this wave continue for the foreseeable future? What's driving development and capital flows? Join us at RealShare Apartments on October 19 & 20 for impactful information from the leaders in the National multifamily space. Learn more.NOT FOR REPRINT
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