Lawrence agreed, saying his group has already gathered data on the effect of the new markets tax credit, which provides an incentive for investing in low-income areas. In one case, the credit helped secure financing to renovate an old factory in Baltimore. It’s now a space used as housing for public teachers and for Teach for America.
“Demand has been growing,” Lawrence said. “These are all defensible tax provisions that should be extended.”
Sen Mary Landrieu, D-La., poses for a selfie with LSU football fans as she campaigns at tailgate parties on the Louisiana State University campus before the LSU-Mississippi State game on Saturday, Sept. 20, 2014. Buy photo here.