KnowGovRepresentation. Influence. Action.
BillHR 8626 · 119

Workforce Housing Tax Credit Act

Introduced
Apr 30, 2026
Cosponsors
2
Traction
0
Last Action
Apr 30, 2026

Bill Summary

Provides a tax credit for middle-income housing, and Establishes other related tax code changes. Requires the Internal Revenue Code to be amended to include this new credit.

Sponsored By

Jimmy Panetta
Democrat · California · House

Bill Journey

  1. Apr 30, 2026
  3. Apr 30, 2026You Are Here

    The committee will review the bill, debate amendments, and vote on whether to advance it to the full chamber.

  4. TBD

    The full chamber debates the bill, may amend it, and votes on whether to pass it.

  5. TBD

    If passed by the first chamber, the other chamber considers, may amend, and votes on the bill.

  6. TBD

    If passed by both chambers, the bill goes to the President to sign into law or veto.

Why It Matters

Middle-income individuals and families may be affected by having increased access to affordable housing options due to the tax credit. Housing developers and construction companies may also be impacted by the potential increase in demand for middle-income housing.

Impact Areas

Sample
Addresses Supply
Targets an underlying shortage driving costs.
Supports Families
Aimed at easing pressure on working households.
Long-term Impact
Effects compound across multiple budget cycles.
Expands Access
Lowers barriers for first-time participants.

Support & Opposition

Sponsor & cosponsor support by party
3backers
  • Democratic1
  • Republican2
Cross-party cosponsors2 · 100%

Documents

1

Full text opens on congress.gov, the official source.

Cosponsors (2)

Bill Details

Bill TypeHouse Bill · Federal
Primary TopicMoney & Economy
CommitteeWays and Means Committee
IntroducedApr 30, 2026
Last UpdatedApr 30, 2026
Latest ActionReferred to the House Committee on Ways and Means.
Subjects
  • Economy
  • Housing

Summary and impact analysis written by Judy (KnowGov's enrichment AI). Bill metadata, status, sponsor, and any floor votes from Prism. Sections marked “Sample” are placeholders not yet connected to live data.