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Bill

Bill

SB 178

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

2025-2026 Regular Session Introduced by Tim Carpenter and 8 co-sponsors

Wisconsin modifies low-income housing tax credits to adjust private development incentives for affordable rental housing availability and state fiscal impact.

Failed to pass pursuant to Senate Joint Resolution 1
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Bill Summary · SB 178

Legislative bill overview

SB 178 modifies Wisconsin's low-income housing tax credit program, a state mechanism that incentivizes private development of affordable rental housing by providing tax credits to investors and developers. The bill has passed committee with an amendment and is now available for full Senate consideration. Specific provisions are not detailed in the provided information, but the amendment process suggests modifications to credit amounts, eligibility criteria, or allocation procedures.

Why is this important

Low-income housing tax credits directly affect housing affordability in Wisconsin by influencing private sector investment in affordable units. Changes to this program impact both the availability of affordable rental housing for low-income residents and the financial incentives available to developers, making it consequential for housing policy and state tax revenue.

Potential points of contention

  • Tax credit cost vs. housing outcomes: Questions about whether the modified credit structure delivers sufficient affordable units relative to state tax expenditures and opportunity costs
  • Geographic distribution: Concerns that changes may concentrate affordable housing in urban areas while underserving rural Wisconsin communities
  • Developer burden and feasibility: Whether amendments increase or decrease regulatory requirements and financial viability for housing developers participating in the program

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

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