Rep. Curbelo Replaces Rep. Tiberi as Lead Sponsor of LIHTC Bill

Rep. Curbelo Replaces Rep. Tiberi as Lead Sponsor of LIHTC Bill



Since President Trump signed the Tax Cuts and Jobs Act into law, the price investors are willing to pay for LIHTC’s has dropped and may fall further because the new law reduced the corporate tax rate from 35 percent to 21 percent starting in 2018. This change will sharply reduce the need companies will have for such tax benefits. However, since passage, some factors will help offset the expected lower demand for LIHTCs.

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