Skip to main content
HR 3479 116th Congress House Taxation Housing supply and affordability Income tax credits Low- and moderate-income housing

Save Affordable Housing Act of 2019

Introduced: June 25, 2019 Introduced by: Neguse, Joe Democratic · Colorado See on congress.gov
Sign in to write a letter Sign in to watch
This bill died when the 116th Congress ended
It never became law before the 116th Congress (2019–2020) 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 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 25, 2019
Referred to the House Committee on Ways and Means.
Jun 25, 2019
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

Save Affordable Housing Act of 2019

This bill amends the Internal Revenue Code, with respect to the low-income housing tax credit, to repeal the qualified contract option for a building that received its allocation of housing credit dollar amount before January 1, 2019, or received before that date, a determination from the bond issuer or housing credit agency of its eligibility to receive an allocation of a housing credit dollar amount.

Under current law, properties subject to the low-income housing tax credit are subject to a 30-year affordability period, during which the value of properties is set at a below market rate. The qualified contract option allows property owners, in some cases, to convert to market rate after 15 years.

What's happening now June 25, 2019

Referred to the House Committee on Ways and Means.

 Related & companion bills 2
  • S 4078 Related bill Emergency Affordable Housing Act of 2020
  • S 1956 Identical bill Save Affordable Housing Act of 2019
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 4
All 4 Democratic 3
D
Lieu, Ted
California · Sep 17, 2019
 D
Dingell, Debbie
Michigan · Jul 2, 2019
 D
Beyer, Donald S.
Virginia · Jun 25, 2019
Walorski, Jackie
· Jun 25, 2019
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 3479: Save Affordable Housing Act of 2019. 116th Congress. Open America. https://openamerica.io/bill/116-HR-3479/
MLA
"H.R. 3479: Save Affordable Housing Act of 2019." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-HR-3479/.
Bluebook (legal)
H.R. 3479, 116th Cong. (2026), https://openamerica.io/bill/116-HR-3479/.
Markdown link
[H.R. 3479: Save Affordable Housing Act of 2019](https://openamerica.io/bill/116-HR-3479/)
Report a problem