In a similar vein, I think the intent of that was very good, but they needed to have more monitoring and more constraints put on it, so that it was effective and it wasn't just a loophole for people to save money or reduce taxes. It needs to be for the actual developer rather than just a regular tax shelter for anybody who has a few extra dollars. We just need to control it a little bit more and make it so that we can create more rental development.
On September 29th, 2009. See this statement in context.