The federal government hasn't built public housing since the 1960s. President Johnson pushed Congress to pass the 1968 Housing Act that became a major time of construction of public housing almost doubling such units across the country. In addition, Bobby Kennedy and Senator Jacob Javits pushed through a 1966 amendment to the Economic Development Act that provided private developers with incentives payments to invest in poverty areas. Once the Reagan era began that was the end of public housing. Instead, Reagan signed the Tax Reform Act of 1986, which slowed building of low-income housing further. First, the act repealed accelerated depreciation and the use of depreciation deductions to offset other ordinary income, precipitating a sharp drop in multifamily housing production. Second, the law placed a cap, for the first time, on states’ authority to issue tax-exempt bonds for multifamily housing and imposed income limits on eligible households. Third, the act created the Low In