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Bill to Increase Wisconsin State LIHTC Cap Fails in Legislature

Wednesday, March 16, 2022 - 11:15AM

A bill in the Wisconsin Legislature that would have increased the cap for the state low-income housing tax credit (LIHTC) from $42 million to $70 million and increase the claiming period to 10 years has failed. A.B. 890 and its companion bill, S.B. 830, failed to advance before the Senate deadline of March 10.

The interaction of state and federal LIHTCs in financing affordable housing will be among the topics at the Novogradac 2022 Affordable  Housing Conference, April 28-29 in San Francisco.

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