Low-income housing projects can now mix tenants with different incomes and still get tax credits

New rules make it easier for developers to get tax credits for low-income housing projects. They can now house tenants with a wider range of incomes in the same building and still qualify for federal subsidies.

For years, developers had to keep tenants' incomes within a very narrow band to qualify for low-income housing tax credits. This often meant building projects that concentrated poverty. The new rules allow for more mixed-income buildings, which can lead to more stable communities and better outcomes for residents.