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One Small Beautiful Synopsis of the One Big Beautiful Bill’s Tax Credit Expansions

President Trump signed into law The One Big Beautiful Bill (the Bill) on July 4th, 2025, making a multitude of historic tax changes, amongst other things. Specifically, the Bill creates and expands certain tax credit programs...more

Texas HB 21 Reshapes the Requirements and Effects of Chapter 394 of the Texas Local Government Code

Texas House Bill 21 (HB 21), signed into law in May, has dramatically shifted affordable housing tax exemptions across the state. Specifically, HB 21’s primary impact is on a housing finance corporation’s area of operation...more

Not-For-Profits Gain Access to Historic Tax Credits with Enactment of Missouri HB 2062

On May 16, Missouri passed HB 2062 modifying the state’s existing Historic Tax Credit (HTC) program. The bill alters the program in several significant ways. The program will now feature a year-round application cycle,...more

Alabama To Offer State Tax Credit for Federal 4% LIHTC Projects

As affordable housing has continued to be a topic of concern across the United States, states are evaluating ways to spur and support affordable housing development. In response to affordable housing needs, Alabama became the...more

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