Housing Market Transparency Act

The Housing Market Transparency Act (HR 8500) requires the Department of Housing and Urban Development (HUD) to collect and publicly share detailed data about low-income housing tax credit properties. Specifically, HUD must gather information from states - including development costs, ownership details, habitability records, and reasons for property sales or disposals - and make most of this data available annually. This affects HUD, state housing agencies administering tax credit programs, and owners of properties using the federal low-income housing tax credit (Section 42 properties). The law aims to improve public visibility into how these affordable housing properties are managed and maintained over time.