Simplify and expand the Low-Income Housing Tax Credit

Liccardo proposes increasing the value of Low-Income Housing Tax Credits so affordable housing projects could rely on one main funding source instead of many layers of loans, grants, and other financing. He also proposes reforms to control costs, including tying credits to regional private-building costs and making some credits conditional on less costly construction methods or sites already zoned for multifamily housing. He says faster, simpler financing could help deliver affordable homes at lower cost.

Context: A 13% credit is offered as an example, not a fixed proposal. The passage describes additional reforms as possibilities, including that Treasury could condition some or all credits on specified construction methods or zoning.

In their own words

simply boost the value of the tax credits —which are commonly referred to as “4% credits” and “9% credits”—to enable the LIHTC to supplant all of those disparate layers of funding and financing in the capital stack.

The source

Homelessness — samliccardo.com

Published: Original date not established; campaign context manually checked
Retrieved: 11/12/2026