George Stone

For two decades, the city has been losing low-income apartments at an alarming rate because of demolition and abandonment, said George Stone, a former city housing official and now a consultant with the Chicago Rehab Network.

``We`re not keeping pace, and we`ll just fall further behind`` if the credits are eliminated, he said.

Stone estimated that the tax credits are responsible for 20 percent to 30 percent of the financing of affordable housing projects under way.