HR 4687
111th Congress
House
Housing and Community Development
Housing and community development funding
Housing finance and home ownership
Income tax credits
Low- and moderate-income housing
Residential rehabilitation and home repair
Low Income Housing Tax Credit Exchange Expansion and Job Creation Act of 2010
Introduced: February 24, 2010
Introduced by:
Sánchez, Linda T.
Democratic
· California
See on congress.gov
Everywhere this bill has been
5 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 24, 2010
Referred to House Ways and Means
Feb 24, 2010
Referred to the Committee on Financial Services, and in addition to the Committee on Ways and Means, 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 24, 2010
Referred to House Financial Services
Feb 24, 2010
Sponsor introductory remarks on measure. (CR E229)
Feb 24, 2010
Introduced in House
Plain-English summary
Low Income Housing Tax Credit Exchange Expansion and Job Creation Act of 2010 - Directs the Secretary of the Treasury to make grants to: (1) state housing credit agencies in lieu of low-income credit allocations in 2010; and (2) states for bond-subsidized housing projects.
Requires state housing credit agencies and states to use grants to make subawards to finance the construction or acquisition and rehabilitation of qualified low-income buildings. Requires the return of grant funds not used to make such subawards before January 1, 2012.
What's happening now
Referred to House Ways and Means
Committees of jurisdiction
2