(RECAP: The election has brought a dark cloud of uncertainty over the low-income housing tax credit (LIHTC) market. With Donald Trump moving into the White House with a Republican-controlled House and Senate, the prospects of tax reform have shot up dramatically. That’s heightened concerns that the LIHTC program could be significantly hampered, or even eliminated, under asweeping tax reform effort. Specifically, Trump has called for slashing the business tax rate from 35% to 15%. That’s pushed investors and syndicators to calculate what such a move would mean to their investments and how to get new deals done.)
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