For years, housing advocates have sought tweaks to the Low Income Housing Tax Credit program that intend to bolster the number of affordable units produced each year.
Recently, those advocates succeeded in their efforts, as two essential changes were codified as part of the sprawling One Big Beautiful Bill Act (H.R. 1), signed into law early last month.
The first is important, and increases the annual amount of nine percent credits by 12 percent (indexed for inflation moving forward).
taxcreditadvisor.com
By Abram Mamet
August 18, 2025