HR 4130 · 113th Congress · Taxation
Low and Moderate Income Housing Act of 2014
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(2014-02-28)
Plain Language Summary
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Low and Moderate Income Housing Act of 2014 - Amends the Internal Revenue Code, with respect to the low-income housing tax credit, to provide that a qualified low-income housing project is eligible for the credit if 50% or more of the residential units in such project are both rent-restricted and occupied by individuals whose income is at least 50%, but not more than 120%, of area median gross income.…
Summarized by Claude AI · Non-partisan · For informational purposes only