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Real Estate

18 May 2018
Thomas D Morton Impact of omnibus spending plan on affordable housing industry

USA - Pillsbury Winthrop Shaw Pittman LLP

President Trump recently signed into law the Consolidated Appropriations Act 2018, a $1.3 trillion omnibus spending plan covering the remainder of the 2018 fiscal year. In addition to providing for increased appropriations for several affordable housing programmes, the spending plan adopted two key provisions from the proposed Affordable Housing Credit Improvement Act that will strengthen and expand the low-income housing credit.

Authors: Thomas D Morton, Emily Bias
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