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© 2026 Govwatch

HR8626Referred to Committee

To amend the Internal Revenue Code of 1986 to provide a credit for middle-income housing, and for other purposes.

Share:
Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2026-04-30
Introduced
2
Cosponsors
HR
ⓘ
Type

Sponsor

Jimmy Panetta
Jimmy Panetta
Democrat · CA · Representative

Latest Action

Referred to the House Committee on Ways and Means.

2026-04-30

Bill Summary

The proposal would give tax credits to developers and builders who construct or rehabilitate housing that is affordable for middle-income families and individuals. These credits would reduce the amount of federal income taxes owed by qualifying housing projects, making it financially easier for companies to build more moderately-priced homes in areas where housing costs have become difficult for average workers and families to manage.

Read the full bill text
Read Full TextCongress.gov