[20170927]IF10725_税收改革的关键问题：低收入住房税收抵免 .pdf

https:/crsreports.congress.gov Updated September 27, 2017Key Issues in Tax Reform: The Low-Income Housing Tax Credit The low-income housing tax credit (LIHTC) program is one of the federal governments primary policy tools for encouraging the development and rehabilitation of affordable rental housing. The program is estimated to cost approximately $9.0 billion annually in forgone federal tax revenue. Because of its importance as a housing policy tool and its cost, Congress has continually expressed interest in modifying the program over the years, including as part of recent tax reform discussions. This In Focus provides a brief overview of the LIHTC program and associated economic considerations. For more information on the LIHTC program, see CRS Report RS22389, An Introduction to the Low-Income Housing Tax Credit, by Mark P. Keightley. Overview of LIHTC Origin LIHTC was created by the Tax Reform Act of 1986 (P.L. 99-514) to replace various existing affordable housing tax incentives that were viewed as inefficient and uncoordinated. The tax credits are given to developers over a 10-year period in exchange for constructing affordable rental housing. The LIHTC program was originall