Moelis Institute Hosts Roundtable on Proposal to Create a Federal Renter’s Tax Credit

October 1, 2012 – The Moelis Institute for Affordable Housing Policy convened a roundtable with leaders in New York City’s affordable housing industry to discuss the Center for Budget and Policy Priorities’ (CBPP) proposal for a new $5 billion federal tax credit for renters.  After an overview of the proposal from Barbara Sard, Vice President for Housing Policy at CBPP, participants engaged in a thoughtful exchange about whether or not the credit could work with LIHTC and other financing tools, potential issues with implementing the credit, and challenges small owners would face in claiming the credit.  Notes from the roundtable can be found here. This roundtable was an opportunity for New York City affordable housing practitioners to hear about emerging policy ideas in DC.  We hope this will be the first of a series of discussions of early-stage federal affordable housing policy proposals.