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Likes: "We expect the demand for affordable housing to grow substantially." Likes: “We expect the demand for affordable housing to grow substantially.”

CLEVELAND—Last month, Sens. Orrin Hatch (R-UT) and Maria Cantwell (D-WA), along with cosponsor Ron Wyden (D-OR) introduced a more comprehensive version of legislation Hatch and Cantwell had introduced in May to expand the Low Income Housing Tax Credit program. If the legislation passes, it would greatly increase the production of affordable housing through preservation and development, says Rob Likes, national manager of KeyBank’s Community Development Lending & Investing platform.

Paul Bubny

Paul Bubny is managing editor of Real Estate Forum and GlobeSt.com. He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.

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