HB 2985

Principle Criteria
neutral
Free Enterprise
neutral
Property Rights
neutral
Personal Responsibility
neutral
Limited Government
neutral
Individual Liberty
Digest
HB 2985 expands the eligibility of at-risk developments to receive low-income housing tax credits. It modifies the definition of an "at-risk development" to include properties receiving federal housing assistance and allows projects involving reconstruction or relocation of housing units to qualify for tax credits under specific conditions. The law applies to applications submitted for the 2026 low-income housing tax credit cycle.
Author (1)
Joseph Moody
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