Housing Affordability Credit Act
Official: Make American Housing Affordable (MAHA) Act of 2026
IntroducedJanuary 22, 2026
Why This Matters
The Housing Affordability Credit Act helps people afford homes by offering a tax credit for new homebuyers. This support encourages home ownership, especially for those who haven't bought a home recently.
If you buy a home and meet the income requirements, you could receive a $5,000 tax credit to help with costs.
Affects: This bill affects individuals and couples purchasing their first home or moving to a new principal residence.
What changes is this bill making?
1. This bill creates a new tax credit for homebuyers. 2. Individuals can receive a $5,000 credit when buying a home. 3. Couples filing jointly can get a credit of $10,000. 4. To qualify, buyers must not have received this credit in the last four years. 5. The credit decreases for individuals earning over $250,000.
Who is affected?
This bill affects individuals and couples purchasing their first home or moving to a new principal residence.