Wisconsin Bill Would Increase Annual State LIHTC Cap, Extend Claiming Period

Monday, January 24, 2022 - 11:30AM

Legislation introduced last week in the Wisconsin Legislature would increase the annual state cap for the state low-income housing tax credit (LIHTC) from $42 million to $70 million and increase the claiming period from six to 10 years. A.B. 890 require that the Wisconsin Housing and Economic Development Authority ensure, if possible, that 35% of the state LIHTCs it allocates each year are for rural areas.

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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