Rep. Torres Urges Banking Regulators to Lower Capital Requirements for Low-Income Housing Tax Credit Investments

This press release from Representative Ritchie Torres (D-NY) was published on 2026-09-11 and titled "Rep. Torres Urges Banking Regulators to Lower Capital Requirements for Low-Income Housing Tax Credit Investments".

Rep. Torres Urges Banking Regulators to Lower Capital Requirements for Low-Income Housing Tax Credit Investments

Yesterday, Rep. Ritchie Torres (NY-15) sent a letter to Federal Reserve Vice Chair for Supervision Michelle W. Bowman, FDIC Chairman Travis Hill, and Comptroller of the Currency Jonathan V. Gould, requesting that federal banking regulators reduce the risk weight assigned to Low-Income Housing Tax Credit (LIHTC) equity investments and associated loans from 100% to 20%. LIHTC has financed more than [ ] The post Rep. Torres Urges Banking Regulators to Lower Capital Requirements for Low-Income Housing Tax Credit Investments appeared first on Torres .