The Department of Housing and Urban Development issued the following statement last week:

A proposed flat tax on Americans' income would be detrimental to housing and homeownership, according to Nicolas P. Retsinas, assistant secretary for housing and a federal housing commissioner at HUD.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.