Working Families Housing Tax Credit Act (HR893)
Current understanding
The Working Families Housing Tax Credit Act (HR893, 119th Congress) proposes a federal tax credit aimed at expanding housing availability or affordability for working families. The bill was referred to the House Committees on Ways and Means, Energy and Commerce, and Transportation and Infrastructure, indicating scope beyond pure tax provisions. If enacted, working-family households and/or housing providers serving them would benefit from credit availability; the federal government would forgo tax revenue. Status: referred to committee.
Evidence log
- 2025-01-31 — Working Families Housing Tax Credit Act: cross-connection with low-income-housing-tax-credit: Both are federal tax-credit mechanisms targeting housing affordability, with the working-families credit potentially overlapping LIHTC’s income-targeted population. (novelty: 2)