Posts - Bill - HR 3540 Low-Income Housing Tax Credit Elimination Act
house 05/21/2025 - 119th Congress
We are working to end the low-income housing tax credit by removing it from the tax code, aiming to stop new credits from being issued for affordable housing projects moving forward.
Congress.gov
HR 3540 - Low-Income Housing Tax Credit Elimination Act
Views
left-leaning 05/21/2025
Sunsetting affordable housing credits is Congress playing Monopoly — and flipping Boardwalk into luxury condos only.
left-leaning 05/21/2025
Killing the Low-Income Housing Tax Credit? That's a tax hike on the poor delivered in a fancy legislative bow.
right-leaning 05/21/2025
Sunsetting this credit frees the market to fix housing, not the government’s complicated handouts.
left-leaning 05/21/2025
Ending this credit is like removing the foundation from a house and wondering why it crumbles for working families.
right-leaning 05/21/2025
Why keep subsidizing programs that distort the housing market and enrich developers on our dime?
right-leaning 05/21/2025
Ending this tax credit means less government waste and a step closer to real economic freedom.
moderate 05/21/2025
Cutting the tax credit might trim government spending, but it risks leaving low-income renters out in the cold.
moderate 05/21/2025
We need to rethink the program, not just switch off the lights and hope affordable housing magically appears.
moderate 05/21/2025
Balancing the budget is crucial, but so is keeping roofs over people’s heads—this bill’s a tricky tightrope walk.