And right now, as a matter of fact, the money is so great, even though new projects are spread out or the tax credits are spread out over nine years, We are spending over $13 billion a year on this method of so-called creating workforce housing or low-income housing. I will also point out that there are some people who would say this is necessary because nobody builds any housing anymore. Well, I'm from Wisconsin, which is not a. (11:53–12:14)
CLAIM
Asserts that over $13 billion is spent annually on low-income housing tax credits.
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