By Chris Holden on December 7th, 2017
Editor’s Note: This article reflects Affordable Housing Online’s analysis of the two tax reform bills passed by the Senate and House of Representatives, and how it would affect participants of low-income housing programs.
The Republican tax reform bills currently being considered in Congress will likely have a negative impact on low-income households. Both versions of the Tax Cuts and Jobs Act introduced to the Senate and House of Representatives will reduce the number of affordable rental housing units produced over the next 10 years and raise taxes for low-income households.Key Points:
Section 8 vouchers can be moved to another area.
Once certain conditions are met, a Section 8 voucher may be transferred to another area (known as "porting").Rufus W. Bailey says:
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