Senator Wyden Proposes a Middle-Income Housing Tax Credit Program
Senator Ron Wyden (D-OR) recently released a discussion draft of legislation to create a new middle-income housing tax credit (MIHTC) program. The MIHTC discussion draft is a detailed legislative proposal, but it is not final. It’s being circulated to stakeholders, members of Congress, federal officials, and others for review and comment. The program is modeled after and is intended to work with the LIHTC program.