Senior Accessible Housing Tax Credit Act of 2026

The Senior Accessible Housing Tax Credit Act of 2026 creates a new tax credit for individuals aged 60 or older to help cover the costs of home modifications that improve accessibility and safety. This credit allows eligible taxpayers to claim up to $10,000 for expenses related to installing features such as wheelchair ramps, widening doorways, adding grab bars, and replacing bathroom fixtures. The amount of the credit is reduced based on the taxpayer's income, with the full benefit available to those earning less than $100,000 annually, and the law also authorizes $500 million in federal grants to the Department of Housing and Urban Development to fund additional home modification projects for older adults from 2027 through 2031.