Her Real Estate Office

Understanding the Bill’s Housing Impacts for Renters 1. Expanded Low‑Income Housing Tax Credit (LIHTC) The bill notably increases and extends LIHTC, a key tool for financing affordable rental construction and preservation. Analysts estimate this could create or preserve over 1 million units between 2026 and 2035 . 2. Stimulus for Private Rental Development With tax incentives locked in—like permanent bonus depreciation and QBI deductions—developers have stronger incentives to build rental housing. That may slowly ease rental supply constraints . 3. Uneven Geographic Effects Other provisions, like expanded SALT deductions, primarily aid homeowners in high-tax states. While they don’t directly help renters, they stabilize broader housing dynamics . --- What Renters Stand to Gain • More Affordable Rental Options Over Time Thanks to LIHTC, the supply of income-restricted rentals should increase, offering more units at lower rents—especially near city centers. • Competition-F...

As of July 15, 2025, President Trump's "One Big Beautiful Bill" (OBBB Act) has been signed into law, and its provisions are already beginning to ripple through the U.S. economy, with significant implications for the real estate market. While the bill covers a broad spectrum from national security to agriculture, its core tax and infrastructure components are the ones reshaping the landscape for homeowners, developers, and investors alike. Let's dive into how this landmark legislation is impacting real estate: 1. Tax Policy: A Boost for Buyers and Businesses The OBBB Act delivers several key tax changes that directly influence affordability and investment in real estate: Permanent 20% Qualified Business Income (QBI) Deduction : For real estate professionals and other pass-through business owners, the permanent extension and slight enhancement of the 20% QBI deduction (Section 199A) is a major win. This prevents a significant tax hike that was otherwise sch...