U.S. Rep. Grothman: Introduces bill to end housing tax program that enriches developers and fails tenants

(Washington, D.C.) – Congressman Glenn Grothman (R-WI), joined by Congressman Paul Gosar (R-AZ) introduced the Low-Income Housing Tax Credit Elimination Act, which will repeal the Low-Income Housing Tax Credit (LIHTC), an outdated, costly, and ineffective program that has primarily enriched politically-connected developers and banks, while doing little to reduce housing costs for low-inc...