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New Census Data Show Growing Share of Americans Struggling to Pay Rent
New Census Bureau data show that for the first time since 2015 more than half of all renter households have reported struggling to pay their housing costs.
The NMTC is a “place-based” tax credit that drives capital to distressed and low-income Census tracts typically overlooked by traditional investment. Advocates say that making the credit a permanent part of the tax code is the most significant way to realize the full potential of the NMTC program.