Income tax, state; affordable rental housing tax credit.

Summary

The bill gives eligible landlords a nonrefundable credit of $750 for each affordable dwelling they rent, as certified by the Department of Housing and Community Development, for tax years 2026‑2030. Credits are limited to $15,000 per landlord and $5 million total each year. The goal is to encourage more affordable rental housing.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

Topics

Share