Lets families get a tax credit for home renovations to support older or disabled relatives.
This bill would create a new tax credit for people who renovate their homes to better support older or disabled family members. It would offer 15% back on eligible costs, up to $7,500 per home, helping families adapt their living spaces for multigenerational needs. Lower-income families could receive this credit as a refund.
Today, there is no specific federal tax credit for renovating a home to accommodate older or disabled family members. If this bill becomes law, individuals could claim a tax credit equal to 15% of their eligible renovation costs, up to a lifetime maximum of $7,500 per home, starting for tax years after December 31, 2026. For lower-income taxpayers, this credit could be refundable.
HR 10709 · 119th Congress · AI Summary by gemini-2.5-flash · 9/10
Sign in to see your representatives' phone numbers