HR 3876 · 101th Congress · Housing and Community Development

Low-Income Housing Preservation Act of 1990

Introduced 1990-01-23· Sponsored by Rep. Yates, Sidney R. [D-IL-9]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Subcommittee on Housing and Community Development.(1990-02-01)

Plain Language Summary

[AI summary unavailable — showing source text] Low-Income Housing Preservation Act of 1990 - Amends the Housing and Community Development Act of 1987 to make the low-income housing mortgage prepayment limitation (and other specified housing provisions) permanent. Authorizes grants for low-income housing preservation. Amends the Internal Revenue Code to exclude from gross income the gain from the sale or exchange of qualified low-income housing.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (2)

2 Democrats
Rep. Poshard, Glenn [D-IL-22]IL
Rep. Kennelly, Barbara B. [D-CT-1]CT