There’s a Bipartisan Bill That Will Boost Housing

The Low Income Housing Tax Credit program has been remarkably effective. Across the country, the lion’s share of below-market-rate housing has utilized these tax credits. Now, there is a broad-based effort in Congress to expand the credit significantly to make a good thing even better.

In Favor of the Good

It is no badge of honor that Boston continues to be the third-most expensive rental market in the country. In our area, home values have little relationship to area wages and employers and entrepreneurs are hamstrung in attracting workers who have choices to move to attractive and less costly housing markets.