Bill to Expand Low-Income Housing Tax Credit Flexibility

What This Bill Does

This bill would let developers carry forward unused low-income housing tax credits for up to five years. The goal is to make the credit easier to use in financing affordable housing projects.

For ordinary Americans, this could help more affordable rental housing get built or preserved, especially in communities where projects are hard to finance. By giving developers more time to use the credit, the bill may reduce the risk that promising housing projects stall or lose funding.

Who This Bill Affects

For the general public, the bill could modestly increase the supply of affordable housing and improve project financing for developers using the low-income housing tax credit. Renters in lower-income communities would be the most likely to benefit if more projects are completed or preserved.

Latest Status

May 22, 2026

Referred to the House Committee on Ways and Means.