Rep. Scott Peters D-CA), who co-chairs the New Democrat Coalition Housing Task Force, has introduced companion legislation to Senator Kamala Harris’ (D-CA) Rent Relief Act of 2018 (H.R. 6671/S. 3250). The bill would create a refundable tax credit for individuals who live in rental housing and pay more than 30 percent of their gross income for the taxable year on their housing and utilities. Individuals in government-subsidized rental housing would be able to claim the value of one month’s rent as a refundable tax credit.
Rep. Peters Introduces Companion Renter’s Credit Legislation
Published by Oklahoma Coalition for Affordable Housing
The vision of OCAH: That all Oklahomans have the opportunity to live in safe, healthy and affordable homes. Our Mission: To lead the movement to ensure that all residents of the state of Oklahoma flourish in safe, affordable homes and to help communities develop safe and affordable housing options for all of their residents. We reach our mission through advocacy, education and practical training to foster the production and maintenance of affordable housing throughout the state. View all posts by Oklahoma Coalition for Affordable Housing
