Introduce the Affordable Housing Credit Carryback Act to strengthen the Low-Income Housing Tax Credit.

Carey, Panetta Introduce the Affordable Housing Credit Carryback Act

Carey says he introduced legislation to strengthen the Low-Income Housing Tax Credit through a carryback mechanism.

Press Releases | Representative Mike Carey
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“Expanding the LIHTC carryback period to five years will provide greater certainty for investors, strengthen the housing credit market, and help support the development of more affordable housing across the country.”

Carey backs legislation to extend the LIHTC carryback period from one year to five years to spur more affordable housing investment.

Carey, Panetta Introduce the Affordable Housing Credit Carryback Act | Representative Mike Carey
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U.S. Reps. Mike Carey and Jimmy Panetta introduced H.R. 9012, the Affordable Housing Credit Carryback Act, to strengthen the Low-Income Housing Tax Credit.

Official House office release documents the bill introduction and states the proposal would extend the LIHTC carryback period from one year to five years.

delivered same_term A for effort

Carey, Panetta Introduce the Affordable Housing Credit Carryback Act | Representative Mike Carey
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