Expansion of the Low-Income Housing Tax Credit
Sector: Government • Location: United States
Source: RIVER COUNTRY - NEWS CHANNEL NEBRASKA
The 'One Big Beautiful Bill' Act includes provisions to extend and expand the Low-Income Housing Tax Credit (LIHTC), a federal program that incentivizes private investors to develop affordable rental housing for low-income tenants. The bill restores and extends a temporary 12.5% increase in LIHTC allocations through 2029 and lowers the amount of government-issued bonds that developers are required
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | Planned |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
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Phone | 0000000000 |
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Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | The 'One Big Beautiful Bill' Act includes provisions to extend and expand the Low-Income Housing Tax Credit (LIHTC), a federal program that incentivizes private investors to develop affordable rental housing for low-income tenants. The bill restores and extends a temporary 12.5% increase in LIHTC allocations through 2029 and lowers the amount of government-issued bonds that developers are required to use to qualify for federal tax credits to build affordable housing. It is estimated that 527,700 additional affordable rental homes could be financed between 2026 and 2035 if these provisions become law. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
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Location
Region | Obfuscated |
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State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
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