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- S.4181
S.4181: LIFELINE Act
About This Bill
- Introduced May 11, 2022
- Latest Major Action May 11, 2022
Bill Sponsor
Bill Cosponsors
12 (9 Democrats, 2 Independent Democrats, 1 Republican)
Bill Version
- Introduced in Senate - May 11, 2022
Bill Summary
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.
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
| Date | Description |
|---|---|
| May 11, 2022 |
Read twice and referred to the Committee on Finance.
|
| May 11, 2022 |
Introduced in the Senate by Patrick J. Leahy (D-Vt.) |