Proposal:Affordable Housing Equity Act of 2023

This proposal is archived and closed to further debate. It was introduced in the 118th Congress, which has concluded, and the bill was not enacted into law.

Bill	HR 418
Type of Legislation	House Bill
Congress	118
Status	Archived — 118th Congress concluded
Source	View original on Congress.gov

Geographic Scope

National

Description

Affordable Housing Equity Act of 2023

This bill requires allocations through 2033 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.

Bill Title

Affordable Housing Equity Act of 2023

Linked Goals

• Goal:Promote General Welfare

Steps

• 2023-01-20: Referred to the House Committee on Ways and Means.
• 2023-01-20: Introduced in House
• 2023-01-20: Introduced in House

Projected Outcome

A more informed proposal or public response aligned with the Promote General Welfare goal.