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Biden Housing Plan Proposes Unprecedented Labor Mandates

By May 28, 2021Industry News
The White House on Wednesday unveiled details of its plan to produce, preserve and retrofit 2 million affordable housing units under the American Jobs Plan. While the plan calls for expanding the Low Income Housing Tax Credit (LIHTC), HOME Investment Partnerships program, project-based rental assistance, and other affordable housing programs, it imposes unprecedented labor mandates on projects funded by these sources.