Lower Taxes: A Boon for Banks, except in Affordable Housing

American Banker
Thursday, August 3, 2017

The Trump Administration's support for a reduction in the corporate tax break from 35% to 15% may be a blessing for the banking industry at large, but could do a good deal of harm to commercial banks that invest in the affordable housing market. This piece from the American Banker analyzes the potential impact of the new corporate tax rate on the viability of the LIHTC model.