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Thread-Topic: Low income housing tax credits
From: <governor.haley@sc.lmhostediq.com>
To: <governor.haley@sc.lmhostediq.com>
Subject: Low income housing tax credits
Date: Sun, 24 Jan 2016 09:48:59 -0500
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<APP>CUSTOM
<PREFIX>Ms</PREFIX>
<FIRST>Jan</FIRST>
<MIDDLE>M</MIDDLE>
<LAST>Adams</LAST>
<SUFFIX></SUFFIX>
<TITLE></TITLE>
<ORGANIZATION></ORGANIZATION>
<ADDR1>330 Coosaw Way</ADDR1>
<ADDR2></ADDR2>
<CITY>Ridgeland</CITY>
<STATE>SC</STATE>
<ZIP>29936</ZIP>
<EMAIL>Jadams2812@gmail.com</EMAIL>
<PHONE_H>7347889445</PHONE_H>
<PHONE_B></PHONE_B>
<ISSUE>HOUS</ISSUE>
<SUBJECT>Low income housing tax credits</SUBJECT>
<CUSTOM1>70.209.59.111</CUSTOM1>
<MSG>
Greetings Governor &amp Staff,
This is not am email against low income famies or seniors. 
I am very concerned about "low income tax credits" and the developers/Companies that build this type of housing, using these tax credits. 
Is there any oversight on these developers? If not, there should be....
I have been learning more and more about the use of these tax credits, and the developers who use them to build low income properties across the Nation. I am concerned. 
How can these developers build complexes where each individual unit would cost 300,000.00, based on the total building cost. I was alerted by a story I followed in Cary, Illinois. Pedcor was the developer. After I researched, I came to find this could be a possible "Ponzi scheme", after I learned about how tax credits are used. 
Please put an end to these developers inflating building costs, using tax credits, in our great State, if not already. I firmly believe this program needs a second look by Government, and builders need to be accountable for every penny spent!!
</MSG>

</APP>