CONGRESS FOR VOTERS

RepublicanBill · H.R. 9012· House(119-HR-9012)

Affordable Housing Credit Carryback Act

Rep. Carey
Age: 55 years
Ohio
Introduced
5/22/2026
Last activity
5/22/2026 — Referred to the House Committee on Ways and Means.
Sponsored by
Mike Carey
Cosponsors
Republican - 1Democrat - 3
Taxation
  1. Introduced
  2. 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

  • Would households on low incomes be better off under this?+8

    Directly aims to increase the supply of affordable housing for low-income residents.

  • Does this make housing cost less?+8

    Directly enhances the financial feasibility of developing low-income housing.

  • Would people in cities be better off under this?+5

    Affordable housing projects are heavily concentrated in urban areas.

The opposite

  • Does this reduce what the federal government owes?-1

    Tax carrybacks may slightly reduce immediate federal tax revenue.