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BillHR 9012 · 119

Affordable Housing Credit Carryback Act

Introduced
May 22, 2026
Cosponsors
1
Traction
0
Last Action
May 22, 2026

Bill Summary

Allows companies to apply previous years' unused affordable housing tax credits to current or future years, potentially increasing funding for affordable housing projects. Enables them to claim these credits retroactively.

Sponsored By

Mike Carey
Republican · Ohio · House

Bill Journey

  1. May 22, 2026
  3. May 22, 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

This bill affects companies and organizations that develop affordable housing, as it may provide them with more flexibility in using tax credits to fund their projects. It could also impact low-income individuals and families by potentially increasing the availability of affordable housing units.

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
1backer
  • Republican1
Cross-party cosponsors0 · 0%

Documents

1

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

Bill Details

Bill TypeHouse Bill · Federal
Primary TopicMoney & Economy
CommitteeCommittee on Ways and Means
IntroducedMay 22, 2026
Last UpdatedMay 22, 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.