Carried Interest Tax Increase’s Unintended Victim? Affordable Housing

WASHINGTON, DC – July 19, 2011 – (RealEstateRama) — As President Obama and Congress continue their negotiations on a package to increase the debt ceiling, the National Multi Housing Council (NMHC) and the National Apartment Association (NAA) are urging lawmakers to reject proposals to change the tax treatment of carried interest,[1] which would have a devastating effect on affordable housing.