Posted on December 11, 2017 by Steven Wishnia in The Village Voice The Village Voice, By Steven Wishnia A provision buried in the House version of the Republican tax bill could decimate affordable-housing construction in New York City, by eliminating tax-free bonds and tax credits that are used by the vast majority of subsidized housing projects in the city. If the language survives in the compromise version produced by the House-Senate conference committee, says Ted Chandler, chief operating officer of the AFL-CIO Housing Investment Trust, “85 percent of affordable-housing production in New York City would stop.”
