Tax Credits for Housing Conversions
Official: INCREASE Housing Affordability Act
This bill encourages the conversion of unused commercial buildings into homes by offering tax credits. It aims to increase affordable housing options in communities.
Protecting Access for Hunters and Anglers Act of 2025This bill bars the Fish and Wildlife Service (FWS), the Bureau of Land Management (BLM), and the Forest Service from prohibiting or regulating the use of lead ammunition or tackle on federal land or water. The bill makes exceptions for specified existing regulations and where the FWS, the BLM, or the Forest Service determines that a decline in wildlife population at the specific unit of federal land or water is primarily caused by the use of lead in ammunition or tackle, based on the field data from such unit, and the state approves the regulations.
1. This bill provides tax credits for converting commercial buildings into residential units. 2. It offers support to local housing agencies to find conversion opportunities. 3. The tax credit is 15% of the costs for qualified conversions. 4. There are limits on how much credit can be claimed per unit and building. 5. Additional credits are available for affordable housing units.
Property developers and families seeking affordable housing options.