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The Neighborhood Homes Investment Act Movement: Bipartisan Tax Credit to Invest in Communities

Acquiring and rehabbing or building single-family homes can often cost more than the property's updated market value. Closing this appraisal gap to develop single-family homes could help change the landscape of historically disinvested neighborhoods and provide opportunities for affordable homeownership and wealth-building. But how would that work?

Join members of the Neighborhood Homes Coalition in a discussion with community developers about this innovative legislation introduced by Senator Rob Portman and co-sponsored by Senator Sherrod Brown. These practitioners will share the challenges they face overcoming the appraisal gap in their markets and how they hope to leverage this federal legislative proposal and proposed targeted tax credit to scale up and broaden the reach of their equitable community development work.

Featured presenters:
Matt Josephs, Senior Vice President, LISC
Kate Monter Durban, Assistant Director, CHN Housing Partners
Kim Cutcher, Executive Director, LISC Toledo

Moderator:
Nate Coffman, Executive Director, Ohio CDC Association