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See How Many Jobs, Affordable Rental Homes Each State Would Lose under the Final Tax Reform Bill

Published by Michael J. Novogradac on Wednesday, December 20, 2017 - 12:00AM

As described in Novogradac & Company analysis, the final version of H.R. 1, the Tax Cuts and Jobs Act would reduce the future supply of affordable rental housing by nearly 235,000 rental homes, a loss that will add to the already significant current gap in unmet needs for affordable rental housing nationwide.

That significant reduction in housing production would also mean the loss of about 262,000 jobs and billions of dollars in business income and federal, state and local tax revenue across the United States.

 

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Here is how these losses would break down by state: 

 

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Based on these estimates, here are the states that would suffer the most adverse impacts: 

 

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