Housing Supply
Matt Cartwright supports bipartisan legislation that would provide tax credits to incentivize private investors to build and rehabilitate owner-occupied homes. The Neighborhood Homes Investment Act has the potential to bring more than half a million affordable homes into the market.
Fair Housing
Matt Cartwright supports bipartisan legislation that would provide tax credits to incentivize private investors to build and rehabilitate owner-occupied homes. The Neighborhood Homes Investment Act has the potential to bring more than half a million affordable homes into the market.
Increasing the Capital Gains Exclusion
Matt Cartwright supports the More Homes on the Market Act which would double the current capital gains exclusion for homeowners when selling their principal residence and index it to future inflation. Without the fear of a massive tax liability, more long-time homeowners will be incentivized to sell their homes and help alleviate the inventory shortage.
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