HR 5219 · 117th Congress · Taxation
Affordable Housing Equity Act of 2021
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(2021-09-10)
Plain Language Summary
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Affordable Housing Equity Act of 2021 This bill requires allocations through 2031 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.…
Summarized by Claude AI · Non-partisan · For informational purposes only