The Volcker Rule and Affordable Housing

When the Dodd-Frank Wall Street Reform and Consumer Protection Act was passed in 2010, it aimed to limit the chances of another financial meltdown like the one we experienced in 2008. One of the provisions in the Dodd-Frank Act, known as the Volcker Rule, addresses speculative investments made by banks, and could affect a variety of tax credit programs, including the Low-Income Housing Tax Credit (LIHTC).

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