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Make American Housing Affordable (MAHA) Act of 2026
To amend the Internal Revenue Code of 1986 to establish the housing affordability credit.
Summary
This bill creates a new tax credit for individuals who purchase a principal residence, providing a $5,000 credit for individual filers and a $10,000 credit for joint filers. The credit is available to taxpayers who have not claimed it in the preceding four taxable years and begins to phase out for taxpayers with modified adjusted gross income over $250,000 ($500,000 for joint filers). The credit is completely phased out at higher income levels, reducing the benefit by up to $50,000 ($100,000 for joint returns). The credit applies to home purchases made during taxable years beginning after the bill is enacted.
AI-generated plain-language summary of the bill text — neutral, and may be imperfect. See the full text below for the exact wording.
Sponsor (1)
1 cosponsor
Money behind the sponsor
Top reported contributors to Thomas H. Kean’s campaign committee (2024 cycle) — who funds the bill’s sponsor, not a claim about this bill. Data from FEC.
- NULL $19,727
- VETERANS GUARDIAN $13,200
- ULINE $13,200
- BRODIE GENERATIONAL CAPITAL PARTNERS, $13,200
- TC SERVICES $13,200
Organizations whose employees gave the most — itemized individual contributions grouped by the donor’s reported employer (FEC Schedule A). Full finance for Thomas H. Kean → · Outside spending →
Actions (2)
- Jan 22, 2026 Referred to the House Committee on Ways and Means. · house
- Jan 22, 2026 Introduced in House
Similar bills (6)
Bills with similar text or summary — includes reintroductions across Congresses. Ranked by semantic similarity of the bill text (computed locally); a neutral discovery aid, not a claim the bills are duplicates.
Full text
IN THE HOUSE OF REPRESENTATIVES
January 22, 2026
Mr. Kean (for himself and Mr. Mackenzie) introduced the following bill; which was referred to the Committee on Ways and Means
A BILL
To amend the Internal Revenue Code of 1986 to establish the housing affordability credit.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the “Make American Housing Affordable (MAHA) Act of 2026”.
SEC. 2. HOUSING AFFORDABILITY CREDIT.
(a) In General.—Subpart C of part IV of subchapter A of chapter 1 of the Internal Revenue Code of 1986 is amended by inserting after section 36B the following new section:
“SEC. 36C. HOUSING AFFORDABILITY CREDIT.
“(a) Allowance of Credit.—In the case of an eligible individual, there shall be allowed $5,000 (twice such amount in the case of a joint return) as a credit against the tax imposed by this subtitle.
“(b) Eligible Individual.—For purposes of this section, the term ‘eligible individual’ means, with respect to a taxable year, an individual—
“(1) who purchases a principal residence (as such term is used in section 121) during such taxable year, and
“(2) with respect to whom no credit has been allowed during the 4 taxable years preceding such taxable year.
“(c) Phaseout.—
“(1) In general.—The amount of the credit allowed under subsection (a) shall be reduced by the amount which bears the same ratio to $50,000 (twice such amount in the case of a joint return) as the excess of—
“(A) the modified adjusted gross income of the individual, over
“(B) $250,000 (twice such amount in the case of a joint return).
“(2) Modified adjusted gross income.—For purposes of this subsection, the term ‘modified adjusted gross income’ means the adjusted gross income of the taxpayer for the taxable year increased by any amount excluded from gross income under section 911, 931, or 933.”.
(b) Conforming Amendments.—
(1) Section 6211(b)(4)(A) of the Internal Revenue Code of 1986 is amended by inserting “, 36C” after “36B”.
(2) Section 1324(b)(2) of title 31, United States Code, is amended by inserting “, 36C” after “, 36B”.
(3) The table of sections for subpart C of part IV of subchapter A of chapter 1 of the Internal Revenue Code of 1986 is amended by inserting after the item relating to section 36B the following new item:
“Sec. 36C. Housing affordability credit.”.
(c) Effective Date.—The amendments made by this section shall apply to taxable years beginning after the date of the enactment of this Act. <all>
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