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Bill

Bill

AB 976

Relating to: changes to the low-income housing tax credit. (FE)

2025-2026 Regular Session Introduced by Deb Andraca and 31 co-sponsors

Wisconsin bill modifies low-income housing tax credit program with unclear budgetary and housing development impacts pending committee review.

Failed to pass pursuant to Senate Joint Resolution 1
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Bill Summary · AB 976

Legislative bill overview

AB 976 modifies Wisconsin's low-income housing tax credit program, though the specific changes are not detailed in the available information. The bill was introduced with bipartisan and bicameral support and received a fiscal estimate in February 2026, indicating potential budgetary implications.

Why is this important

The low-income housing tax credit is a major federal and state tool for financing affordable housing development. Changes to Wisconsin's program could affect housing availability, construction incentives, and state revenue—directly impacting vulnerable populations seeking affordable homes and developers building low-income housing stock.

Potential points of contention

  • Fiscal impact unclear: Without seeing the bill text, the budgetary cost or savings is unknown, but a fiscal estimate was deemed necessary, suggesting meaningful financial consequences
  • Credit allocation and effectiveness: Debates likely center on whether modifications expand access to credits, tighten eligibility, or redirect funds to different housing priorities
  • Developer and community interests: Housing developers, nonprofits, and municipalities may disagree on how changes affect their ability to finance affordable projects or meet housing goals

Compiled from official sources — confirm details with the bill’s official record.

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