To amend the Internal Revenue Code of 1986 to provide an additional year for the extension of the placed in service date for the low-income housing credit rules applicable to the GO Zone.

Extends until January 1, 2013, the placed-in-service date for buildings in the Gulf Opportunity (GO) Zone, the Rita GO Zone, or the Wilma GO Zone after which such buildings are eligible for allocations of the low-income housing tax credit.