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Tax Credits for Developing or Renting Housing for Victims of Domestic Violence

April 6, 2021
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WRITTEN BY Jill Barnas

Many domestic violence survivors leaving abusive situations have basic residential, health, social, and legal needs which can sometimes be accommodated by domestic violence programs; however, these programs cannot accommodate every service call.

In some states, these programs receive a large portion of their funding from tax-deductible charitable donations and state and local fines/fees. HB 425 would authorize tax credits for developing and/or renting housing for domestic violence survivors. Federal, state and local tax revenue fund a range of public goods and services, including education, healthcare, and infrastructure.

Policies that reduce the amount of taxes owed by a taxpayer (e.g., tax credits) are expected to decrease government revenue while incentivizing immediate private spending and investment in high-need projects, government programs, or philanthropic services (e.g., Low Income Housing Tax Credits).

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