Low Income Housing Tax Credits are potentially worth far less under the Bush plan to eliminate taxes on dividends. Of the many problems this kind of reform will bring to public entities including tax-exempt bonds, this is another serious problem. The provision of affordable housing is becoming more difficult without government intervention. As McCarron points out, the LIHTCs are great because they combine subsidies with strong corporate oversight of the projects. If LIHTCs are undermined, affordable housing will be dealt a serious blow.