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Real Estate

Apr. 1, 2003

Low-Income Housing Could Take Hit from President's Dividend Proposal

BY JIM EMERSON Special to the CREJ More than $1 billion of equity raised by syndicating low-income housing tax credits might disappear as a result of President Bush's proposal to eliminate taxes on dividends paid by corporations to stockholders.

        BY JIM EMERSON
        Special to the CREJ
        
        More than $1 billion of equity raised by syndicating low-income housing tax credits might disappear as a result of President Bush's proposal to eliminate taxes on dividends paid by corporations to stockholders.
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