Energy Efficiency for Affordable Housing Act This bill increases the amount of the low-income housing tax credit for rehabilitation expenditures for buildings that achieve enhanced energy performance. The bill also exempts such credit from the basis adjustment applicable to the new energy efficient home tax credit and extends that credit through 2031.
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Timeline
Introduced in Senate
Read twice and referred to the Committee on Finance.
Introduced in Senate
Read twice and referred to the Committee on Finance.
Taxation
Energy Efficiency for Affordable Housing Act
USA117th CongressS-4422| Senate
| Updated: 6/16/2022
Energy Efficiency for Affordable Housing Act This bill increases the amount of the low-income housing tax credit for rehabilitation expenditures for buildings that achieve enhanced energy performance. The bill also exempts such credit from the basis adjustment applicable to the new energy efficient home tax credit and extends that credit through 2031.