H.R. 2725 · Where this bill is now
In committee
Introduced in the House, sent to the Committee on Ways and Means, Apr 8, 2025
119th Congress
1st SessionH. R. 2725
1st SessionH. R. 2725
A BILL
Affordable Housing Credit Improvement Act of 2025
In the HouseNo vote yet
Sponsor: Rep. Darin LaHood (R-IL-16) · Introduced Apr 8, 2025 · Taxation · 1 version of the text
Sources: Congress.gov actions and votes · bill text from GovInfo · latest official action Apr 8, 2025: “Referred to the House Committee on Ways and Means.”
Sections
Sections · 1
Title I — Reform of State allocation formulas · 1
Title II — Reforms relating to tenant eligibility · 6
- Sec. 201Average income test applicability to exempt facility bondsNo change
- Sec. 202Codification of rules relating to increased tenant incomeNo change
- Sec. 203Modification of student occupancy rulesNo change
- Sec. 204Tenant voucher payments taken into account as rent for certain purposesNo change
- Sec. 205Requirement that low-income housing credit-supported housing protect victims of domestic abuseNo change
- Sec. 206Clarification of general public use requirement relating to veterans, etcNo change
Title III — Rules relating to credit eligibility and determination · 13
- Sec. 301Reconstruction or replacement period after casualty lossNo change
- Sec. 302Modification of previous ownership rules; limitation on acquisition basisNo change
- Sec. 303Certain relocation costs taken into account as rehabilitation expendituresNo change
- Sec. 304Repeal of qualified census tract population capNo change
- Sec. 305Determination of community revitalization plan to be made by housing credit agencyNo change
- Sec. 306Prohibition of local approval and contribution requirementsNo change
- Sec. 307Increase in credit for certain projects designated to serve extremely low-income householdsNo change
- Sec. 308Increase in credit for bond-financed projects designated by State agencyNo change
- Sec. 309Elimination of basis reduction for low-income housing properties energy efficient commercial building deductionNo change
- Sec. 310Restriction of planned foreclosuresNo change
- Sec. 311Increase of population cap for difficult development areasNo change
- Sec. 312Increased cost oversight and accountabilityNo change
- Sec. 313Tax-exempt bond financing requirementNo change