Illinois Affordable Housing Tax Credit <br> HB 6038: Renewing the incentive that attracts private support for employer-assisted housing in Illinois - Metropolitan Planning Council

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Illinois Affordable Housing Tax Credit
HB 6038: Renewing the incentive that attracts private support for employer-assisted housing in Illinois

  • February 18, 2010

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The Illinois Affordable Housing Tax Credit Program (IAHTC), which provides a 50 cent credit on state income tax liability for every $1 invested in an employer-assisted housing (EAH) program — is an effective tool to engage employers in housing solutions and increase homeownership among working families. Renewing the tax credit demonstrates that the State of Illinois is committed to partnering with the private sector to help our workforce live near work.

Keywords

employer-assisted housing, HB 6038, Illinois Affordable Housing Tax Credit

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This page can be found online at http://archive.metroplanning.org/multimedia/publication/386

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