Implications of the One Big Beautiful Bill Act for Housing and Community Development Programs
PolicyMap
Wednesday, June 25, 2025
"Ever since the House of Representatives narrowly passed its version of the reconciliation bill, the One Big Beautiful Bill Act (BBB), at the end of May, most of the attention has rightly been focused on its potential impacts on the federal deficit and steep cuts to safety-net programs like Medicaid and SNAP. But for housing and community development stakeholders, there are some silver linings tucked into the BBB. These mostly come in the form of enhancements to certain federal programs that provide tax advantages to qualified housing and community development investments."