We have seen that about 40% of the federal tax credits for projects that have taken place over the last 15 years have happened in communities of fewer than 25,000 in population. We have tried to focus some of our investing through our for-profit subsidiary through what we call a “main street” investment fund. We also have been working with the Congress to try to improve the tax credit for smaller developers. Right now the tax credit works well for a large developer who does this on a regular basis, but for the mom-and-pop developer who's probably going to do one project in their lifetime and it's on their main street, it's more difficult.
On October 3rd, 2017. See this statement in context.