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Tax Relief for American Families and Workers Act of 2024

Floor Speech

Date: Jan. 31, 2024
Location: Washington, DC

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Mr. LaHOOD. Mr. Speaker, I thank Chairman Smith for negotiating this good, monumental tax bill.

I particularly want to highlight the inclusion of two affordable housing provisions in the bill. They are provisions that stem from my bill, the Affordable Housing Credit Improvement Act, which has garnered the support of 212 cosponsors in the House equally divided between Republicans and Democrats.

We are facing an affordable housing crisis in this country, and strengthening the low-income housing tax credit, LIHTC, established by Ronald Reagan is key in this and will be very successful to bridging the gap to more affordable housing in this country.

Mr. Speaker, I urge a ``yes'' vote on this very good tax bill.

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