Category: Legislation

  • Workforce Housing Tax Credit Act

    Workforce Housing Tax Credit Act

    The Workforce Housing Tax Credit Act, introduced in December 2023, aims to alleviate the affordable housing crisis facing America’s middle-income workers by establishing a new federal tax incentive for rental housing development. Inspired by the success of the Low-Income Housing Tax Credit (LIHTC), this bipartisan legislation proposes tax credits for the construction and rehabilitation of…