The legislation would allow builders to immediately deduct up to $150,000 per rental unit in construction costs for qualifying long-term residential rental housing developments, with an increased deduction of up to $250,000 per unit for qualifying affordable housing projects.
I will support allowing builders to immediately deduct up to $150,000 per rental unit in construction costs for qualifying long-term residential rental housing developments, and up to $250,000 per unit for qualifying affordable housing projects.
Occurrences
Evidence
President Trump canceled the planned signing of the bipartisan housing affordability bill and said he would not sign it until Congress passed the SAVE America Act.
House Not In Session. Next Session: June 29th, 2026 at 12:00 PM.
Assessments
The available evidence shows no enacted federal change granting builders an immediate deduction of up to $150,000 per rental unit or $250,000 per affordable housing unit. The late-window housing bill was still unsigned and the House was not in session during the lookback period, so the specific promise was not completed and remains unresolved. There is some evidence of broader housing legislation advancing, but not enough to credit this exact outcome to the candidate.