summary
Introduced
08/16/2024
08/16/2024
In Committee
08/17/2024
08/17/2024
Crossed Over
Passed
Dead
01/03/2025
01/03/2025
Introduced Session
118th Congress
Bill Summary
A BILL To amend the Internal Revenue Code of 1986 to provide a credit for working families housing development, and for other purposes.
AI Summary
This bill amends the Internal Revenue Code to create a new "Working Families Housing Tax Credit" that provides a tax credit to encourage the production of quality housing for teachers, firefighters, police officers, veterans, and other hard-working Americans. The bill also authorizes the Secretary of Housing and Urban Development to make grants and below-market loans to local governments in rural and exurban areas for infrastructure projects related to the development of these qualified working families housing projects.
Committee Categories
Budget and Finance, Business and Industry
Sponsors (1)
Last Action
Referred to the Subcommittee on Economic Development, Public Buildings, and Emergency Management. (on 08/17/2024)
Bill Topics
Community Development and Housing Issues
- ‐ Community and Regional Development
- ‐ Housing and Community Development for Low and Middle Income Persons
Macroeconomics
- ‐ Taxation, Tax Policy, and Tax Reform
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://www.congress.gov/bill/118th-congress/house-bill/9380/all-info | 08/17/2024 |
| BillText | https://www.congress.gov/118/bills/hr9380/BILLS-118hr9380ih.pdf | 09/10/2024 |
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