Skip to main content
HR 1016 104th Congress House Housing and Community Development Administrative procedure Advice and consent of the Senate Affordable housing Capital gains tax Citizen participation Congress Counseling Department of Housing and Urban Development Depressed areas Economics and Public Finance Entitlements Environmental Protection Estate tax Executive reorganization Federal advisory bodies Federal aid to housing Federal officials Gifts Government Operations and Politics

Federal Housing Trust Fund Act of 1995

Introduced: February 22, 1995 See on congress.gov
Sign in to write a letter Sign in to watch
This bill died when the 104th Congress ended
It never became law before the 104th Congress (1995–1996) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 10, 1995
Referred to the Subcommittee on Housing and Community Opportunity.
Feb 22, 1995
Referred to the Committee on Ways and Means, and in addition to the Committee on Banking and Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Feb 22, 1995
Sponsor introductory remarks on measure. (CR E405-406)
Feb 22, 1995
Introduced in House
 Ask about this bill AI · grounded in the bill text

Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.

AI answers can be imperfect; always confirm against the full bill text.

 Plain-English summary Congressional Research Service

TABLE OF CONTENTS:

Title I: Reduction of Certain Tax Benefits for Higher Income

Taxpayers and Establishment of Housing Trust Fund

Title II: Administration of Housing Trust Fund and

Entitlement Program for Formula Grants for Affordable Housing

Federal Housing Trust Fund Act of 1995 - Title I: Reduction of Certain Tax Benefits for Higher Income Taxpayers and Establishment of Housing Trust Fund - Amends the Internal Revenue Code to: (1) limit mortgage interest and property tax deductions for taxpayers whose adjusted gross income exceeds $75,000; (2) treat property acquired from a decedent as property acquired by gift for purposes of basis determinations; (3) phase in capital gains tax on inherited property; and (4) create in the Treasury the Housing Trust Fund (Fund).

Title II: Administration of Housing Trust Fund and Entitlement Program for Formula Grants for Affordable Housing - Directs the Secretary of Housing and Urban Development to make affordable housing grants from the Fund to qualifying entities.

Requires such entities to carry out housing costs and housing supply assistance programs.

Establishes a Housing Trust Fund Advisory Committee.

Amends the Department of Housing and Urban Development Act to establish in the Department of Housing and Urban Development a position of Administrator of the Housing Trust Fund.

What's happening now March 10, 1995

Referred to the Subcommittee on Housing and Community Opportunity.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 3
 Cosponsors 1
All 1 Democratic 1
D
Velázquez, Nydia M.
New York · Feb 22, 1995
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 1016: Federal Housing Trust Fund Act of 1995. 104th Congress. Open America. https://openamerica.io/bill/104-HR-1016/
MLA
"H.R. 1016: Federal Housing Trust Fund Act of 1995." 104th Congress, 2026, Open America, https://openamerica.io/bill/104-HR-1016/.
Bluebook (legal)
H.R. 1016, 104th Cong. (2026), https://openamerica.io/bill/104-HR-1016/.
Markdown link
[H.R. 1016: Federal Housing Trust Fund Act of 1995](https://openamerica.io/bill/104-HR-1016/)
Report a problem