House Ways & Means Committee Chair Dave Camp (R-MI) released a discussion draft of a tax reform package that retains just three business tax expenditures – one of which is the Low Income Housing Tax Credit — while eliminating all others in Federal Code. While the broad tax reform proposal is considered a non-starter this session, the fact that the Housing Credit survived in this proposal is cause for optimism, and may serve to inform the broader policy discussion about the importance of these credits and public-private partnerships to the development of affordable housing.