Requirement for projects designated to serve households with people with disabilities

(a) In general Paragraph (1) of section 42(m) of the Internal Revenue Code of 1986 is amended by adding at the end the following new subparagraph: (E) Projects designated to serve households with people with disabilities (i) In general The qualified allocation plan shall ensure that, with respect to any 3-year period, the applicable percentage is not less than 40 percent. (ii) Applicable percentage For purposes of this subparagraph, the applicable percentage is the ratio (expressed as a percentage) of— (I) the number of low-income units in all projects receiving an allocation of the housing credit dollar amount during such period which meet the requirements of subclause (I) of subsection (d)(5)(C)(i), to (II) the aggregate number of all low-income units in all projects receiving an allocation of the housing credit dollar amount during such period. (iii) Special rule For purposes of clause (ii)(I), any low-income unit which is part of a project which meets the requirements of both subclause (I) and subclause (II) of subsection (d)(5)(C)(i) shall be counted twice.. (b) Effective date The amendments made by this section shall apply to allocations of housing credit dollar amounts made under qualified allocation plans (as defined in section 42(m)(1)(B) of the Internal Revenue Code of 1986) adopted after December 31, 2026.