Housing Investment Efficiency and Accountability Act of 2026

This bill transfers administration of the Low-Income Housing Tax Credit (LIHTC) program from the Department of Housing and Community Development (DHCD) to the District of Columbia Housing Finance Agency (DCHFA). It directly affects how DC allocates federal tax credits for affordable housing projects, which are critical for leveraging private investment in low-income housing. The key mechanism requires DCHFA - already managing similar housing finance tools - to now oversee the 9% LIHTC program, streamlining processes and preventing future credit losses like the $3.1 million forfeited in 2025. The legislation aims to maximize existing federal housing dollars by improving coordination across financing tools.