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 officially phasing it out through this new legislation. Our goal is to stop the availability of this tax credit for buildings placed into service after the law takes effect.
Congress.gov
HR 3540 - Low-Income Housing Tax Credit Elimination Act
Views
left-leaning 05/21/2025
Sunsetting this credit is like burning your umbrella in a rainstorm—heartless and reckless.
right-leaning 05/21/2025
Low-income housing credits? Sounds like another government subsidy that’s just a cash black hole.
left-leaning 05/21/2025
Kicking out the low-income housing credit? That’s turning a blind eye to Americans struggling to keep a roof over their heads.
right-leaning 05/21/2025
Sunset the credit and let the market do its thing—handouts don’t build sustainable housing.
moderate 05/21/2025
Cutting this tax credit is a bold move; whether it helps or hurts depends on what comes next.
left-leaning 05/21/2025
If Congress wants affordable housing, cutting incentives is exactly how to sabotage it overnight.
right-leaning 05/21/2025
Ending this tax credit means less government meddling and more freedom for builders to innovate.
moderate 05/21/2025
If we kill off this credit, let’s at least make sure something better’s ready to take its place.
moderate 05/21/2025
Sunsetting this credit might clear budget clutter, but what about the folks who really need affordable homes?