Tax Reform – Private Activity BondsKyle Shoemaker
Private Activity Bonds are one of the most efficient tools our government has. They fund public projects with private money and create hundreds of thousands of jobs annually. Their “cost” is marginal relatively, and the gains they bring us by housing seniors and those less fortunate, by building hospitals, airports and schools, is essential to advancing our society. Nearly 96,000 jobs a year are created alone by the Low Income Housing Tax Credit, which will be dramatically damaged if Private Activity Bonds cease to exist.
The clients of AHIB depend on this program to fulfill a mission-driven business of creating safe, sustainable and affordable housing for those who need it. Housing is the foundation for our lives, and can provide an environment to help people get ahead, when it’s done right. Join me in asking Congress to support this critical tool. You can find and email your representative here.