Community Development Homeownership Tax Credit Act
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Community Development Homeownership Tax Credit Act - Amends the Internal Revenue Code to allow homebuilders and investors a general business tax credit for building or substantially rehabilitating residences for low and moderate-income individuals in certain areas, including a rural area, an Indian reservation, or an area of chronic economic distress. Sets forth rules for the calculation of such credit and its administration and allocation by the States.
Read twice and referred to the Committee on Finance.
- Introduced in Senate Formatted Text PDF Formatted XML
Cite this page
U.S. Congress. (2026). S. 859: Community Development Homeownership Tax Credit Act. 109th Congress. Open America. https://openamerica.io/bill/109-S-859/
"S. 859: Community Development Homeownership Tax Credit Act." 109th Congress, 2026, Open America, https://openamerica.io/bill/109-S-859/.
S. 859, 109th Cong. (2026), https://openamerica.io/bill/109-S-859/.
[S. 859: Community Development Homeownership Tax Credit Act](https://openamerica.io/bill/109-S-859/)