General World News

Congress should adopt mortgage interest tax credit: CHLA

The Community Home Lenders of America (CHLA) is calling on both houses of Congress to adopt a mortgage interest credit as the 2017 Tax Cuts and Jobs Act (TCJA) is currently set to expire in 2025. This is according to a letter the organization submitted to leaders in both the U.S. House of Representatives and the U.S. Senate.

In the lead-up to its 2017 passage, CHLA representatives “aggressively advocated for a Mortgage Interest Credit (MIC) during debate on the 2017 tax bill, when it became clear the value details ⇒

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