H.R. 10856
Denies housing tax credits if certain noncitizens occupy units
Low-income housing tax credits would depend on relevant units having no occupants who are certain noncitizens, or states could instead accept a 5% cut in credit amounts.
- No tax credit would be allowed unless all relevant low-income units meet the occupancy rule
- The rule applies to certain noncitizens not covered by a 1980 housing law's eligibility list
- States that do not elect the occupancy rule would have annual housing credit amounts cut by 5%
- Starts after 2027; some existing buildings need 75% of units to comply through 2030
In committee