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The New Homes Tax Credit Act would offer incentives for developers to build single-family homes intended for new homebuyers.

Martin Heinrich intros new homes tax credit bill

First in The Vault: Sen. Martin Heinrich (D-N.M.) has a new bill that would create a housing tax credit program geared toward new construction – a key plank of Vice President Kamala Harris’ economic agenda.

The New Homes Tax Credit Act would offer incentives for developers to build single-family homes intended for new homebuyers. Its aim is to build up housing for lower and middle-income buyers.

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Presented by Duke Energy

Every day at Duke Energy, we’re focused on keeping prices low and supporting growing energy needs across our footprint. From enabling modern energy infrastructure investments to accelerating technology advancements, our progress will not be slowed.

 

Get the full picture