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Home AEC A $15 Billion Tax Credit Proposal to Convert Commercial Buildings into Affordable Housing
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A $15 Billion Tax Credit Proposal to Convert Commercial Buildings into Affordable Housing

April 3, 20253 Mins read309
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In a significant move to address both the nation’s affordable housing shortage and the revitalization of aging urban spaces, the U.S. Congress is considering a new proposal to amend the Internal Revenue Code of 1986. The proposed legislation introduces a groundbreaking investment tax credit designed to incentivize the conversion of underutilized commercial buildings into affordable […]

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