Senate Democrats' Economic Justice Act Includes LIHTC Provisions

Senate Democrats' Economic Justice Act Includes LIHTC Provisions



Senate Democrats recently announced a proposal to invest $350 billion in communities of color, including specific policies that would increase investments in affordable housing and promote racial equity in homeownership.

The Economic Justice Act proposes to provide communities of color disproportionately affected by coronavirus with $135 billion for child care, mental health care, primary care, and jobs, as well as $215 billion over the next five years for affordable housing, homeownership, and infrastructure.

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