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  • Affordable housing under threat from GOP tax plan

    The tax bill passed by the U.S. House last week would drastically constrict efforts to build and improve homes for low-income families in the Triangle, according to local affordable housing experts. The Republican-backed bill would eliminate the tax-exempt status for bonds linked to tax breaks that encourage private investment in affordable housing projects.

The tax bill passed by the U.S. House last week would drastically constrict efforts to build and improve homes for low-income families in the Triangle, according to local affordable housing experts. The Republican-backed bill would eliminate the tax-exempt status for bonds linked to tax breaks that encourage private investment in affordable housing projects. Travis Long tlong@newsobserver.com
The tax bill passed by the U.S. House last week would drastically constrict efforts to build and improve homes for low-income families in the Triangle, according to local affordable housing experts. The Republican-backed bill would eliminate the tax-exempt status for bonds linked to tax breaks that encourage private investment in affordable housing projects. Travis Long tlong@newsobserver.com

Here’s how the GOP’s tax reform could thwart Raleigh’s affordable housing plans

November 29, 2017 03:56 PM

UPDATED November 30, 2017 09:29 AM

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A family tradition gives back with grace 2:24

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NC State football's Doeren, Chubb and team thank the fans 0:49

NC State football's Doeren, Chubb and team thank the fans

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NC State's Keatts: 'I am very disappointed'

How UNC Rex is changing emergency mental health care 1:34

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Top 10 plays from a sold-out #7 Greene Central at #10 Kinston boys basketball game 3:11

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Trump Team Has Frequently Claimed 'No Contact' With Russia' 1:46

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