Affordable Housing Credit Carryback Act Legislation by Sen. Gallego Analyzed
Bill Intros-Senate
Copyright © Targeted News Service, 2026
Copyright © Targeted News Service, 2026
2026-08-14
Bailey Malota
WASHINGTON, Aug. 14 -- The Affordable Housing Credit Carryback Act, originally introduced by Sen. Ruben Gallego, D-Arizona, on August 7, 2026, has been analyzed by the Congressional Research Service. This legislation seeks to amend the Internal Revenue Code of 1986 to allow a five-year carryback for the low-income housing tax credit, aiming to bolster investment in affordable housing across the nation.
In recent years, the shortage of low-income housing has reached critical levels, . . .
TARGETED NEWS SERVICE (founded 2004) features non-partisan 'edited journalism' news briefs and information for news organizations, public policy groups and other organizations. For more information contact MYRON STRUCK, editor, editor@targetednews.com, Springfield, Virginia; 703/304-1897; https://targetednews.com
WASHINGTON, Aug. 14 -- The Affordable Housing Credit Carryback Act, originally introduced by Sen. Ruben Gallego, D-Arizona, on August 7, 2026, has been analyzed by the Congressional Research Service. This legislation seeks to amend the Internal Revenue Code of 1986 to allow a five-year carryback for the low-income housing tax credit, aiming to bolster investment in affordable housing across the nation.
In recent years, the shortage of low-income housing has reached critical levels, . . .
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TARGETED NEWS SERVICE (founded 2004) features non-partisan 'edited journalism' news briefs and information for news organizations, public policy groups and other organizations. For more information contact MYRON STRUCK, editor, editor@targetednews.com, Springfield, Virginia; 703/304-1897; https://targetednews.com
