By Peoria Standard |
Aug 9, 2024
U.S. Representatives Darin LaHood (IL-16) and Dan Kildee (MI-08), along with U.S. Senators Jerry Moran (R-KS), Mark Warner (D-VA), and Todd Young (R-IN), have introduced the Preserving Rural Housing Investments Act. This bipartisan, bicameral legislation aims to amend the Internal Revenue Code to clarify that Government Sponsored Enterprises (GSEs) like Fannie Mae and Freddie Mac can participate in partnerships crucial for low-income housing investments.