be priced out of every rental housing market in the nation. 4. Increases in State allocations (a) In general Clause (ii) of section 42(h)(3)(C) of the Internal Revenue Code of 1986 is amended— (1) by striking $1.75 in subclause (I) and inserting $4.47 , and (2) by striking $2,000,000 in subclause (II) and inserting $5,154,965 . (b) Cost-of-Living adjustment Subparagraph (H) of section 42(h)(3) of the Internal Revenue Code of 1986 is amended— (1) by striking 2002 in clause (i) and inserting 2023 , (2) by striking the $2,000,000 and $1.75 amounts in subparagraph (C) in clause (i) and inserting the $5,154,965 and $4.47 amounts in subparagraph (C) , (3) by striking 2001 in clause (i)(II) and inserting 2022 , (4) by striking $2,000,000 amount in clause (ii)(I) and inserting $5,154,965 , and (5) by striking $1.75 amount in clause (ii)(II) and inserting $4.47 . (c) Effective date The amendments made by this section shall apply to calendar years beginning after December 31, 2023. 5. Tax-exempt bond financing requirement (a) In general Subparagraph (B) of section 42(h)(4) of the Internal Revenue Code of 1986 is amended by adding at the end the following: In the case of buildings financed by an obligation first taken into account under section 146 in calendar years beginning after 2023, the preceding sentence shall be applied by substituting 25 percent for 50 percent . . (b) Effective date The amendment made by this section shall apply to buildings placed in service in taxable years beginning after December 31, 2023. 6. Increase in credit for projects designated to serve households with people with disabilities (a) In general Paragraph (5) of section 42(d) of the Internal Revenue Code of 1986 is amended by adding at the end the following new subparagraph: (C) Increase in credit for projects designated to serve households with people with disabilities (i) In general In the case of any building— (I) 50 percent or more of the low-income units in the building are units designated by the taxpayer to meet the applicable design