The LIHTC Rent Stabilization Exemption Clarification Temporary Amendment Act of 2025 amends the Rental Housing Act of 1985 to clarify that rental units participating in the Low-Income Housing Tax Credit (LIHTC) Program are exempt from the rent stabilization program. Specifically, the bill modifies Section 205(a)(1) of the Rental Housing Act by deleting the existing phrase and inserting a new definition that includes any rental unit for which the housing provider receives tax credits under the LIHTC Program.

This legislation aims to provide clarity regarding the status of LIHTC rental units in relation to rent stabilization, ensuring that these units are not subject to the same regulations as other rental properties. The act will take effect upon approval by the Mayor and a 30-day congressional review period, and it is set to expire 225 days after its enactment.