Affordable Housing Opportunities for Utilization, Sustainment, and Expansion Act of 2019 or the Affordable HOUSE Act This bill amends the Internal Revenue Code, with respect to the low-income housing tax credit, to modify the basis limitation rules applicable to the acquisition of buildings in service within the previous 10 years.
Housing and community development fundingHousing finance and home ownershipHousing supply and affordabilityIncome tax creditsLow- and moderate-income housingResidential rehabilitation and home repair
Affordable HOUSE Act
USA116th CongressHR-3478| House
| Updated: 6/25/2019
Affordable Housing Opportunities for Utilization, Sustainment, and Expansion Act of 2019 or the Affordable HOUSE Act This bill amends the Internal Revenue Code, with respect to the low-income housing tax credit, to modify the basis limitation rules applicable to the acquisition of buildings in service within the previous 10 years.
Housing and community development fundingHousing finance and home ownershipHousing supply and affordabilityIncome tax creditsLow- and moderate-income housingResidential rehabilitation and home repair