A Republican bill with 3 Democratic cosponsors · See all 6 cosponsors
Last activity — Referred to the House Committee on Ways and Means.
In committee
Introduced and handed to a committee in the chamber it started in.
The committee holds it, and most bills are never heard from again. A hearing or a committee vote would be news; silence is the usual outcome, and it kills the bill without anyone voting against it.
Its path through Congress
- Introduced
- In Committee
What this bill would do
This bill is called the Affordable Housing Credit Carryback Act. It proposes to change the Internal Revenue Code of 1986. Specifically, it would allow for 5-year carrybacks for the low-income housing tax credit. These changes would apply to taxable years starting after the Act is passed.
Yes· 3 of 34
- Scored +8
Would households on low incomes be better off under this?
Directly aims to increase the supply of affordable housing for low-income residents.
- Scored +8
Does this make housing cost less?
Directly enhances the financial feasibility of developing low-income housing.
- Scored +5
Would people in cities be better off under this?
Affordable housing projects are heavily concentrated in urban areas.
The opposite
- Scored -1
Does this reduce what the federal government owes?
Tax carrybacks may slightly reduce immediate federal tax revenue.
Who it would affect, and how
Potential Positive Impacts for People
- Low-Income Housing Tax Credit Carrybacks: Section 2 amends the Internal Revenue Code to allow the low-income housing tax credit to be carried back 5 years, which relates to credits for affordable housing.
Potential Negative Impacts for People
- No negative impacts for people are explicitly mentioned in the provided text.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Tap or hover a score for the reason it gave.
- Demographic And Interest Groups
- Would households on low incomes be better off under this? — Directly aims to increase the supply of affordable housing for low-income residents. Would people in cities be better off under this? — Affordable housing projects are heavily concentrated in urban areas. Would Black Americans be better off under this? — Affordable housing initiatives often address historical disparities in housing access. Would business owners be better off under this? — Beneficial for real estate developers and owners of low-income housing projects. Would Hispanic Americans be better off under this? — Affordable housing initiatives often address historical disparities in housing access. Would people with disabilities be better off under this? — Low-income housing credits often include requirements for accessible units. Would retired people be better off under this? — Increases the availability of affordable senior housing. Would veterans be better off under this, taking everything together? — Supports the development of housing that can be utilized by veterans. Would children be better off under this? — Increased affordable housing provides more stable living environments for children. Would immigrants be better off under this? — Increases the availability of affordable housing for low-income immigrant populations. Would Native Americans be better off under this? — Can support the development of affordable housing on or near tribal lands. Would people in rural areas be better off under this? — Supports the expansion of affordable housing in underserved rural areas. Would people over 65 be better off under this? — Supports the creation of low-income senior housing. Would students be better off under this? — Increases the availability of low-cost housing options. Would women be better off under this? — Women are disproportionately affected by housing instability and benefit from affordable housing. Would people in their twenties and thirties be better off under this? — Increases the availability of affordable rental options for young adults. Would Asian Americans be better off under this? — Provides general benefit via increased affordable housing stock. Would billionaires be better off under this? — Large-scale developers and investors benefit from the tax carryback. Would people with substantial wealth be better off under this? — Investors in affordable housing projects benefit from the tax credit flexibility. Would LGBTQ people be better off under this? — Increases housing options for a community that often faces housing discrimination. Would men be better off under this? — General benefit via increased affordable housing stock. Would people in middle age be better off under this? — May assist families in finding affordable housing options. Would the very wealthiest people be better off under this? — Institutional investors in affordable housing benefit from carryback options. Would union members be better off under this? — Construction of affordable housing creates demand for union labor. Would white Americans be better off under this? — General benefit for low-income individuals in this demographic.
- Social Issues And Justice
- Does this make housing cost less? — Directly enhances the financial feasibility of developing low-income housing. Is this likely to reduce homelessness? — Encouraging affordable housing construction can lead to more units for those experiencing homelessness. Is this likely to lift people out of poverty? — Increasing the supply of affordable housing is a key component in reducing poverty. Does this narrow racial gaps in how people are treated? — Increasing affordable housing availability often disproportionately benefits marginalized racial groups.
- Economy And Finance
- Does this make it easier to run a small business? — Increases the viability of affordable housing projects by allowing tax credit carrybacks. Is this likely to create jobs? — Increased availability of tax credits can stimulate construction of affordable housing projects, creating jobs. Does this cut taxes for small businesses? — Provides greater tax flexibility for small developers utilizing low-income housing tax credits. Is this likely to grow the economy? — Stimulates investment in affordable housing infrastructure. Does this reduce what the federal government owes? — Tax carrybacks may slightly reduce immediate federal tax revenue.
- Environment Energy And Infrastructure
- Does this invest in rural communities? — Low-income housing credits can be used to improve housing stock in rural areas.
- 10/15/2026
- 2 Cosponsors added.
- 9/14/2026
- 1 Cosponsor added.
- 9/2/2026
- 1 Cosponsor added.
- 7/16/2026
- 1 Cosponsor added.
- 5/22/2026
- Referred to the House Committee on Ways and Means.
- 1 Cosponsor added.
- Introduced in House
One bill Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.
Jennifer KiggansRepublican · Virginia
Susie LeeDemocrat · Nevada
Michael LawlerRepublican · New York
Ryan MackenzieRepublican · Pennsylvania
Jimmy PanettaDemocrat · California
Shri ThanedarDemocrat · Michigan