Incentivize Private Development of Affordable Units: Expand federal tax credits, low-interest loans, and density bonuses while eliminating parking requirements for developers who build new affordable housing, especially for first-time buyers and middle-class families.
Expand federal tax credits, low-interest loans, and density bonuses while eliminating parking requirements for developers who build new affordable housing.
Occurrences
Evidence
The enacted law includes Sec. 70422, permanent enhancement of the low-income housing tax credit, including a permanent state housing credit ceiling increase beginning after December 31, 2025, and a tax-exempt bond financing threshold lowered to 25 percent.
Final House passage of H.R. 1 was 218-214; Moulton, Democratic, Massachusetts, voted No.
H.R. 7024 contained Title V, More Affordable Housing: state housing credit ceiling increase for low-income housing credit and tax-exempt bond financing requirement changes.
H.R. 7024 passed the House 357-70; Moulton, Democratic, Massachusetts, voted Yea.
Congress.gov lists H.R. 7024's latest action as Senate cloture on the motion to proceed not invoked, and its status as Passed House.
The caucus member list includes Seth Moulton, and its legislation section lists People Over Parking Act, Yes in My Backyard Act, and Build More Housing Near Transit Act as proposed but not enacted.
Assessments
Only one component of the promise was enacted: a later federal LIHTC expansion in Public Law 119-21. The broader promise also covered low-interest loans, density bonuses, and elimination of parking requirements for affordable-housing developers, and the evidence does not show those components becoming federal policy. Candidate credit is limited because Moulton voted for an earlier House-passed LIHTC expansion that failed in the Senate, but he voted against the later enacted bill containing the tax-credit expansion. The enacted result therefore supports partial delivery after the campaign, not full fulfillment.