Ohio’s two U.S. senators this week proposed a Senate bill making full-time students eligible for the Low-Income Housing Tax Credit (LIHTC) program.
U.S. Representatives Brad Wenstrup (R-OH-2) and Danny Davis (D-IL-7) introduced a House version of the measure earlier this week. The proposed change to the program would make LIHTC, which provides tax relief to developers who build or rehabilitate low-cost rental units, allow full-time students to live on sites that were funded by the credit. The current prohibition on such students living in those buildings was intended to prevent LIHTC from aiding the construction of dormitories.
U.S. Representatives Brad Wenstrup (R-OH-2) and Danny Davis (D-IL-7) this week introduced a measure to assist homeless veterans, foster youth and others in obtaining affordable housing as they seek college degrees.
Wenstrup and Davis hope to change the Low-Income Housing Tax Credit (LIHTC), which lightens the tax burden on developers constructing or rehabilitating low-cost rental units. Currently, LIHTC does not permit full-time students to avail themselves of LIHTC-funded housing sites. This restriction was written to prevent the tax credit from funding dormitory buildings.
Ohio Republican Party Chairman Bob Paduchik this week condemned the search of former President Donald Trump’s residence at the Mar-a-Lago resort in Palm Beach, FL that the Federal Bureau of Investigation executed on Monday.
Many in the ex-president’s party have expressed outrage that Biden Administration Attorney General Merrick Garland secured a warrant for federal agents to surprise Trump with a search of his home. No Justice Department has ever taken similar action to investigate a former commander-in-chief.