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Ohio housing groups are watching a federal tax credit proposal designed to bridge appraisal gaps
Neighborhood Homes Coalition
A map shows Census tracts in Greater Cleveland that would qualify for tax incentives for single-family housing under the Neighborhood Homes Investment Act. The bill would create a federal income tax credit designed to spur investment in new and renovated homes in communities with high poverty rates and depressed real estate values.
A bipartisan group of senators on Capitol Hill revived legislation this week to create a new federal tax credit meant to bolster investment in single-family homes in low-income neighborhoods a proposal being closely watched by housing advocates and community development groups across Ohio. ....

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