S.1136: Affordable Housing Credit Improvement Act of 2021

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Bill Summary

Affordable Housing Credit Improvement Act of 2021 This bill revises provisions of the low-income housing tax credit and renames it as the affordable housing credit. The bill increases the per capita dollar amount of the credit and its minimum ceiling amount beginning in 2021 and extends the inflation adjustment for such amounts. The bill modifies tenant income eligibility requirements and the average income formula for determining such...

(Source: Library of Congress)

Bill Actions

Date Description
April 15, 2021
Read twice and referred to the Committee on Finance.
April 15, 2021

Introduced in the Senate by Maria Cantwell (D-Wash.)

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