S 4181 · 117th Congress · Housing and Community Development

LIFELINE Act

Introduced 2022-05-11· Sponsored by Sen. Leahy, Patrick J. [D-VT]· Senate

Bill Progress

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Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Finance.(2022-05-11)

Plain Language Summary

[AI summary unavailable — showing source text] LIHTC Financing Enabling Long-term Investment in Neighborhood Excellence Act or the LIFELINE Act This bill permits states, territories, or tribal governments to use State and Local Fiscal Recovery Funds to finance qualified low-income housing projects (i.e., projects for residential rental property meeting certain income tests) with loans obligated by December 31, 2024, and having maturities of 30 or more years.…

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

Cosponsors (12)

9 Democrats1 Republican2 Independents
Sen. Collins, Susan M. [R-ME]ME
Sen. Wyden, Ron [D-OR]OR
Sen. Bennet, Michael F. [D-CO]CO
Sen. Cortez Masto, Catherine [D-NV]NV
Sen. King, Angus S., Jr. [I-ME]ME
Sen. Hassan, Margaret Wood [D-NH]NH
Sen. Padilla, Alex [D-CA]CA
Sen. Reed, Jack [D-RI]RI
Sen. Sanders, Bernard [I-VT]VT
Sen. Whitehouse, Sheldon [D-RI]RI
Sen. Tester, Jon [D-MT]MT
Sen. Van Hollen, Chris [D-MD]MD