The raging debate in Washington D.C. over the rising cost of living was front and center at the Potrero Power Station on Friday as California U.S. Sen. Adam Schiff used an affordable housing complex there as the backdrop to announce legislation that he said would bring a housing construction boom similar to the one seen after World War II.
The 48-page legislation - a long-shot because it will need Republican support in order to pass - is called the Housing BOOM (Building Occupancy Opportunity for Millions) Act. It proposes a massive expansion of the 9% federal low-income housing tax credits u
The 48-page legislation - a long-shot because it will need Republican support in order to pass - is called the Housing BOOM (Building Occupancy Opportunity for Millions) Act. It proposes a massive expansion of the 9% federal low-income housing tax credits u
2 months ago