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How Trump's Tax Reform Could Hurt Affordable Housing In Pa. Cities

Photo Courtesy Pennsylvania Housing Finance Agency

 

Across the United States generally, and Pennsylvania cities specifically, there's a constant, gnawing issue that worries elected leaders, social service agencies and the poor alike. There's not enough affordable housing and it often feels like there never will be. 

But there would be a lot less affordable housing available if it weren't for the creation of the Low-Income Housing Tax Credit program in 1986. LIHTC was created during the last major tax reform effort undertaken in this country under President Ronald Reagan. 

Now, with the possibility of major tax reform on the horizon once again, this program faces extinction, or perhaps worse, irrelevance. 

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Keystone Crossroads is a statewide public media initiative reporting on the challenges facing Pennsylvania's cities. WPSU is a participating station.

Eleanor Klibanoff was WPSU's reporter for Keystone Crossroads, a statewide reporting collaboration that covers the problems and solutions facing Pennsylvania's cities. Previously, Eleanor was a Kroc Fellow at NPR in DC. She worked on the global health blog and Weekend Edition, reported for the National desk and spent three months at member station KCUR in Kansas City. Before that, she covered abortion politics in Nicaragua and El Salvador, two of the seven countries in the world that completely ban the procedure. She's written for Atlanta Magazine, The Nicaragua Dispatch and Radio Free Europe.