Save Affordable Housing Act of 2025

[AI summary unavailable — showing source text] [Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 4572 Introduced in House (IH)] <DOC> 119th CONGRESS 1st Session H. R. 4572 To amend the Internal Revenue Code of 1986 to repeal the qualified contract exception to the extended low-income housing commitment rules for purposes of the low-income housing credit, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES July 21, 2025 Mr. Neguse introduced the following bill; which was referred to the Committee on Ways and Means _______________________________________________________________________ A BILL To amend the Internal Revenue Code of 1986 to repeal the qualified contract exception to the extended low-income housing commitment rules for purposes of the low-income housing credit, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Save Affordable Housing Act of 2025''. SEC. 2. REPEAL OF QUALIFIED CONTRACT OPTION. (a) Termination of Option for Certain Buildings.-- (1) In general.--S…