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 provision that explicitly includes any rental unit for which the housing provider receives tax credits under the LIHTC Program.

This legislation aims to ensure that properties benefiting from the LIHTC Program are not subject to rent stabilization regulations, thereby providing clarity for housing providers and promoting the development of affordable housing. The act will take effect upon approval by the Mayor and a subsequent 30-day congressional review period, with a temporary expiration set for 225 days after its enactment.