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Bill Summary · SB 898

Legislative bill overview

SB 898 modifies how Texas allocates Low Income Housing Tax Credits (LIHTCs), a federal tax incentive program that finances affordable rental housing development. The bill adjusts the criteria, priorities, or distribution methodology for these credits among eligible housing projects across the state.

Why is this important

LIHTCs are a primary funding mechanism for affordable housing in Texas, directly affecting where new affordable units get built and who can access them. Changes to allocation formulas can shift resources between urban and rural areas, impact different income levels, or influence which developers receive funding—ultimately shaping housing availability for low-income Texans.

Potential points of contention

  • Geographic equity: How credits are distributed between urban centers and rural/underserved areas could create winners and losers in different regions
  • Developer access: Changes to allocation criteria may favor certain developers (nonprofit vs. for-profit) or project types, raising fairness concerns
  • Implementation complexity: New allocation formulas require state housing agency resources to implement and may create administrative burdens on applicants

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

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