Tenant voucher payments taken into account as rent for certain purposes
Title I — Housing and municipal infrastructure › Subtitle A — Low-income housing credit › Part 2 — Reforms relating to tenant eligibility
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(a) In general Subparagraph (B) of section 42(g)(2) is amended by adding at the end the following new sentence: In the case of a project with respect to which the taxpayer elects the requirements of subparagraph (C) of paragraph (1), or the portion of a project to which subsection (d)(5)(C) applies, clause (i) shall not apply with respect to any tenant-based assistance (as defined in section 8(f)(7) of the United States Housing Act of 1937 (42 U.S.C. 1437f(f)(7))).. (b) Effective date The amendments made by this section shall apply to rent paid in taxable years beginning after December 31, 2025.