Federal tax overhaul may impact AHFC

Certain proposed changes to the federal tax system may reduce AHFCs ability to support low-income borrowers, first-time homebuyers and veterans. The version of the tax reform bill that passed the house eliminates AHFC's ability to finance construction and rehabilitation of single and multi-family housing using private equity bonds and eliminates AHFC's ability to finance new construction for low-income Alaskans with the four percent Low Income Housing Tax Credit. View the letter sent by Bryan Butcher, CEO/executive director to Senators Murkowski and Sullivan outlining the concerns of the corporation.