This press release from Representative Mike Carey (R-OH) was published on 2026-05-29 and titled "Carey, Panetta Introduce the Affordable Housing Credit Carryback Act".
Carey, Panetta Introduce the Affordable Housing Credit Carryback Act WASHINGTON, D.C. – Last week, U.S. Reps. Mike Carey (R-OH-15) and Jimmy Panetta (D-CA-19) introduced H.R. 9012, the Affordable Housing Credit Carryback Act to strengthen the Low-Income Housing Tax Credit (LIHTC). This legislation will change the LIHTC carryback period from one year to five years, which will increase the uptake of these important credits and [ ]