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Bill

Bill

HR 9267

To amend the Internal Revenue Code of 1986 to modify the low-income housing tax credit to incentivize affordable and transit-oriented development and development in certain difficult development areas, and for other purposes.

119th Congress Introduced by Ed Case and 2 co-sponsors

The bill would expand LIHTCs to favor transit-oriented and difficult-development-area projects, boosting affordable housing near transit and in high-need locations.

Sponsor introductory remarks on measure. (CR E570)
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Bill Summary · HR 9267

Summary of HR 9267 (119th Congress)

Purpose and intent

  • HR 9267 aims to modify the Low-Income Housing Tax Credit (LIHTC) program within the Internal Revenue Code of 1986.
  • The core goal is to incentivize the development of affordable housing that is:
    • Transit-oriented (located near public transportation and designed to support access to transit),
    • Located in difficult development areas (DDAs) or other high-need locations,
    • And generally increases the supply of affordable units while promoting more efficient, sustainable development.

Key provisions and changes (as described by the bill’s title and purpose)

  • LIHTC enhancements for transit-oriented development (TOD): The bill would adjust LIHTC incentives to encourage projects that are integrated with transit access, potentially increasing credit allocations or point values for developments that are near rail, bus rapid transit, or other mass transit services.
  • LIHTC incentives for difficult development areas (DDAs): The bill would provide greater support or preferential treatment for projects sited in DDAs, which are areas characterized by high economic distress or development challenges, with the aim of spurring investment where market incentives are weaker.
  • Affordability and development outcomes: By recalibrating how credits are allocated or scored, the proposal seeks to broaden the set of affordable housing projects that qualify for LIHTCs and to advance investments that combine affordability with location-based benefits (like access to transit and proximity to job centers).
  • Structural alignment with the Internal Revenue Code: The changes would be implemented within the existing LIHTC framework, leaving other parts of the code intact but altering credit calculations, award criteria, or credit allocation formulas to reflect the TOD and DDA priorities.

Who and what would be affected

  • Developers and owners of affordable housing projects seeking LIHTCs would be the primary beneficiaries, particularly those proposing transit-adjacent or DDA-based developments.
  • Communities and residents in DDAs and areas with strong transit access could gain from increased affordable housing supply, improved access to employment opportunities, and potential neighborhood revitalization.
  • States and the LIHTC allocation processes would need to adjust scoring criteria, thresholds, or allocation procedures to implement the new TOD and DDA incentives.
  • Public transit-adjacent areas and DDAs may see more housing development activity and associated economic effects.

Procedural and timeline considerations

  • Introduction and sponsorship (June 11, 2026): HR 9267 was introduced in the House with co-sponsors Ed Case, Jim Moylan, and Jill Tokuda.
  • Referral to committee (June 11, 2026): The bill was referred to the House Committee on Ways and Means for committee consideration and potential markup.
  • Next steps in Congress: Action would typically involve committee hearings, potential amendments, and a floor vote in the House. If passed, it would proceed to the Senate (and then reconciliation, if necessary) and signature by the President to become law.
  • Effective dates and transition: The bill as introduced does not specify exact effective dates or transition timelines; such details would be determined during legislative drafting and committee markup, including any phased-in or retrospective provisions.

Potential impacts and considerations

  • Could expand the set of LIHTC projects eligible for higher credit support by prioritizing TOD and DDA locations.
  • May increase capital and equity expectations for developers to align with transit partnerships and DDA criteria.
  • Could influence where affordable housing is built, potentially concentrating new units in areas with transit access and higher community need.
  • Implications for state allocation plans and the administration of the LIHTC program at the state level, including potential administrative adjustments to scoring and reporting.

Note: This summary is based on the bill’s stated title, purpose, and introductory action. For precise language, specific credit formulas, scoring criteria, and detailed implementation provisions, the bill text and any committee reports or amendments should be consulted once available.

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

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