HR 1483: Revitalizing Economies, Housing, And Businesses Act of 2021
Topics
✓ Budget & TaxesSupports Budget & TaxesIncreases 15% rehabilitation tax credit for businesses/buildings, providing direct tax relief and incentivizing economic development, aligning with tax incentive policies.
✓ HousingSupports HousingIncreases rehabilitation tax credit for housing, promoting affordable housing development through financial incentives for building renovation and expansion near transit.
✓ TransportationSupports TransportationBill allows tax credit for buildings within half-mile of public transportation facilities, incentivizing transit-oriented development and promoting public transit access.