IRS Archives - Help STOP Affirmatively Furthering Fair Housing (AFFH)

This ‘Loophole’ Is Vital to Housing the Poor … NOT!

Dear Mr. MacDonald, Chairman, National Home Builders Association (NHBA); yours is a carefully crafted letter (below), but your organization’s agenda speaks volumes before you say a word and then when you do speak you only endorse what the article describes as a subsidy for developers, investors and the financial industry. Your assertion that the article, Continue Reading

Smith Young September 22, 2017 LIHTC & Vouchers IRS, LIHTC, Section 42 1,690 Comments

Good News – A free market curb on subsidized low income multi-unit housing

Introduction by Smith Young “:)” Does anyone believe in the free market? We need to let the it work. The IRS Income Housing Tax Credit (LIHTC) is another government instrument for the redistribution of wealth and the investor problem described in this article proves you can’t have it both ways. LIHTC a.k.a as Section 42 Continue Reading

Smith Young May 10, 2017 Just News IRS, LIHTC, Section 42, tax cut 423 Comments

Elevator Speech

AFFH gives FREE federal grant money to the suburbs. But what they don't tell you is that by taking the money, you the suburbs will be forced to gentrify your neighborhoods with low-income racially diverse high density housing.

1) HUD is imposing requirements that go far beyond what the 1968 Fair Housing Act demands
2) Moves high density low income (rental) housing to the suburbs
3) The new rule restricts private choice, local government authority, and the evolutionary history of American residential growth patterns
4) Uses subsidies (block grants) as blackmail against 1,194 targeted U.S. localities
5) HUD grantees must consider statistical data such as education and transportation that are only remotely related to housing
6) Communities threatened with huge legal expenses from allegations by HUD and Civil Rights groups
7) HUD requires racial analysis of demographic data that should instead be colorblind (race baiting?)

Editors Note

The AFFH rule does not do anything for or against discrimination, it merely revamps the planning process of localities applying for grant monies, replacing Analysis with Assessment using the new Tool.
The AFFH rule neither replaces nor extends the 1968 Fair Housing Act
1) We are against discrimination and we do support the 1968 Fair Housing Act
2) We oppose the AFFH rule and it's anti-American implementation of the Supreme Courts decision on "disparate Impact"