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

Published by Michael Novogradac on Wednesday, November 8, 2017 - 12:00am

As described in Novogradac & Company analysis, as currently drafted H.R. 1, the Tax Cuts and Jobs Act would reduce the future supply of affordable rental housing by nearly 1 million rental homes, a loss of as much as two-thirds current affordable rental housing production.

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


Blog Chart Rental Homes, Tax Reform Bill
Click to Enlarge


Here is how these losses would break down by state: 


Blog Chart Rental Housing Tax Reform Bill By State
Click to Enlarge


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


Blog Chart Ten State Posed to Lose Tax Reform Bill
Click to Enlarge