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Affordable Housing Equity Act of 2025

In committee: it can still change before the session ends.

US HR 3964 · House Bill · 119th Congress

Stage
In committee
Started in
House
Sponsors
2
Latest action
Jun 12, 2025

What it does

The Affordable Housing Equity Act of 2025 would amend the Internal Revenue Code to increase the low-income housing tax credit for projects serving extremely low-income households by allowing a 150 percent eligible basis for qualifying units, provided they are designated by the taxpayer and certified by the housing credit agency as financially necessary. The bill applies to buildings receiving housing credit allocations after enactment or, for certain existing projects, to obligations issued after December 31, 2025. It affects developers and housing credit agencies involved in qualified low-income housing projects targeting households earning no more than 30 percent of area median income or…

No official summary is available here. This one was written by AI from the bill’s text.

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Where it stands

  1. Introduced (Done)

    Jun 12, 2025

  2. Committee (Current step)

    In committee · Jun 12, 2025

  3. Floor (Not started)

  4. Law (Not started)

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

In the news

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Where it goes next

While a bill can still move, the questions are about people and money.

Work with this bill

Affordable Housing Equity Act of 2025 | 52