HR 4130 · 113th Congress · Taxation

Low and Moderate Income Housing Act of 2014

Introduced 2014-02-28· Sponsored by Rep. Jeffries, Hakeem S. [D-NY-8]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2014-02-28)

Plain Language Summary

[AI summary unavailable — showing source text] 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