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Focus on Real Estate: Cantwell to Launch National Campaign to Increase Federal Resources for Affordable Housing & Homelessness

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On March 23, 2016, the office of U.S. Senator Maria Cantwell (D-WA) issued a press release announcing an affordable housing initiative and unveiling the report “The Housing Tax Credit: Addressing the Challenges of Affordable Housing & Homelessness.”
March 24, 2016

On March 23, 2016, the office of U.S. Senator Maria Cantwell (D-WA) issued a press release announcing an affordable housing initiative and unveiling the report “The Housing Tax Credit: Addressing the Challenges of Affordable Housing & Homelessness.”

Cantwell, along with local leaders and housing advocates will kick off a national campaign to increase federal resources for affordable housing on Thursday, March 24 at 11:00 am PST at Patrick Place Apartments.

Senator Cantwell is calling for a 50% expansion of the LIHTC, which would finance approximately 400,000 additional units of affordable housing nationwide over the next decade, with approximately 35,000 units in Washington state (roughly 4,200 more units than is possible under current levels of LIHTC financing).

Thursday’s event is open to the press.

Who
U.S. Senator Maria Cantwell
Seattle Mayor, Ed Murray
Tacoma Mayor, Marilyn Strickland
Everett Mayor, Ray Stephanson
Kim Herman,  Executive Director, Washington State Housing Finance Commission
M.A. Leonard, Vice President, Enterprise Community Partners, Inc.
Patrick Place Residents  

When
Thursday, March 24, 2016 at 11 a.m. PST

Where
Patrick Place Apartments
4251 Aurora Ave N.
Seattle, WA 98103

*** Parking for press is available behind the building in the Patrick Place parking lot.

Please RSVP to bryan_watt@cantwell.senate.gov or call 202-579-6002.

Click here to read the press release.

 

Any federal tax advice contained in this communication (including any attachments): (i) is intended for your use only; (ii) is based on the accuracy and completeness of the facts you have provided us; and (iii) may not be relied upon to avoid penalties.

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