Legislation & Legislation Proposals
S. 3364 First-Time HomeBuyer Credit Act of 2018
Senate Finance Committee Ranking Member Wyden (D-OR) introduced the First-Time Homebuyer Credit Act of 2018, S. 3364, which would create a refundable first-time homebuyer tax credit equal to 2.5 percent of the home purchase price up a maximum of $10,000. The credit would phase out for homes selling for $600,000 to $700,000. The credit would also phase out for individual taxpayers with incomes between $80,000 and $100,000 and joint taxpayers with incomes between $160,000 and $180,000.
S. 3365 Middle-Income Housing Credit Act of 2018
Senate Finance Committee Ranking Member Ron Wyden (D-OR) introduced the Middle Income Housing Tax Credit Act of 2018, S. 3365, which would create a new state-administered tax credit, modeled after the Low Income Housing Tax Credit (Housing Credit), to stimulate the development of rental housing for middle-income households earning up to 100 percent of area median gross income (AMGI).
Representative Curbelo sends Dear Colleague Cosponsorship Letter
Representative Curbelo sends Dear Colleague Cosponsorship Letter for H.R. 1661, "The Affordable Housing Credit Improvement Act."
Consolidated Appropriations Act of 2017
Appropriates Fiscal Year 2017 funding for federal agencies, including HUD and USDA rural housing programs.
Transitional Housing for Opioid Recovery Demonstration Program Act of 2018 Discussion Draft
Sets-aside Housing Choice Vouchers for supportive transitional housing for individuals recovering from opioid addiction.
Housing Choice Voucher Mobility Demonstration Discussion Draft
Authorizes a Housing Choice Voucher mobility demonstration for up to 10 sites.
Fostering Stable Housing Opportunities Act of 2018 Discussion Draft
Provides youth aging out of foster care a preference for public housing and housing choice voucher assistance.
H.R.1625 – Consolidated Appropriations Act, 2018 (2018 Omnibus Spending Bill)
The FY 2018 omnibus spending bill provides significant funding increases for affordable housing programs, including HOME, and includes provisions to expand and strengthen the Housing Credit program.
Senate Democrats’ Jobs & Infrastructure Plan for America’s Workers
Proposes to invest $1 trillion in our nation's infrastructure, including $62 billion for affordable housing, neighborhood revitalization, and lead remediation.
