Clarification of general public use requirement relating to veterans, etc
Title I — Housing and municipal infrastructure › Subtitle A — Low-income housing credit › Part 2 — Reforms relating to tenant eligibility
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(a) In general Paragraph (9) of section 42(g), as amended by section 11205, is further amended by adding at the end the following flush language: Any veteran of the Armed Forces shall be treated as a member of a specified group under a Federal program for purposes of subparagraph (B).. (b) Qualified residential rental projects Paragraph (2) of section 142(d) is amended by adding at the end the following new subparagraph: (F) Clarification of general public use requirement A unit shall not fail to meet the general public use requirement solely because of occupancy restrictions or preferences, if such restrictions or preferences meet the general public use requirement of section 42.. (c) Effective dates (1) In general The amendment made by subsection (a) shall apply to buildings placed in service before, on, or after the date of the enactment of this Act. (2) Qualified residential rental projects The amendment made by subsection (b) shall apply to bonds issued before, on, or after the date of the enactment of this Act.