HR 418
118th Congress
House
Taxation
Affordable Housing Equity Act of 2023
Introduced: January 20, 2023
Introduced by:
Gomez, Jimmy
Democratic
· California
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 20, 2023
Referred to the House Committee on Ways and Means.
Jan 20, 2023
Introduced in House
Plain-English summary
Affordable Housing Equity Act of 2023
This bill requires allocations through 2033 of low-income housing credit amounts for buildings designated to serve certain low-income households (i.e., aggregate household income does not exceed the greater of 30% of area median gross income, or 100% of an amount equal to the federal poverty line). The bill also increases the rate of the low-income housing credit for projects designated to serve such low-income households.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1