Housing Tax Bill Backers Eye Way Ahead Amid Headwinds

Lawmakers seeking to expand the Low-Income Housing Tax Credit this year hope a new version resolves transparency concerns and that pressure from the affordable housing crisis will press their colleagues to act.

At the same time, they and advocates pushing the effort are aware of headwinds as amid a congressional battle over raising the debt ceiling and a ticking clock until elections kick into higher gear.

The bipartisan group leading the Affordable Housing Credit Improvement Act, reintroduced earlier this month, is plotting ways to move the bill forward. That includes working to quell concerns over the lack of data sharing ...