A Democratic bill with no cosponsors
Last activity — Referred to the Committee on Ways and Means, and in addition to the Committees on Energy and Commerce, and Transportation and Infrastructure, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
In committee
Introduced and handed to a committee in the chamber it started in.
The committee holds it, and most bills are never heard from again. A hearing or a committee vote would be news; silence is the usual outcome, and it kills the bill without anyone voting against it.
Its path through Congress
- Introduced
- In Committee
What this bill would do
This bill, known as the "Working Families Housing Tax Credit Act," aims to amend the Internal Revenue Code of 1986 to establish a new tax credit for the production of quality housing. The credit is designed to benefit working families, including teachers, firefighters, police officers, and veterans. It provides a mechanism for tax credits based on the qualified basis of "qualified working families buildings," which can be new or existing through rehabilitation. The legislation also includes provisions for increasing credits in difficult development areas and high-cost regions. Additionally, the bill authorizes grants and loans for infrastructure projects related to these housing developments.
Yes· 3 of 15
- Scored +8
Does this make housing cost less?
The bill establishes a new tax credit specifically to increase the production of quality, rent-restricted housing.
- Scored +6
Would people in rural areas be better off under this?
The bill provides higher credit bases and infrastructure grants specifically for rural and exurban communities.
- Scored +6
Does this invest in rural communities?
The bill provides enhanced tax credits and infrastructure grants specifically targeting rural and exurban areas.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
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Increased Housing Production: The bill creates a tax credit intended to encourage the production of quality housing for hard-working Americans, such as teachers, firefighters, police officers, and veterans (Section 2).
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Support for Hard-to-Develop Areas: The legislation allows for an increase in the eligible basis for buildings located in "difficult development areas," which includes rural areas and Indian areas (Section 3(d)(4)(B)).
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Infrastructure Development: The bill authorizes $100,000,000 for grants and below-market-rate loans to local governments for infrastructure projects like electricity, water, sewers, and local access roads that connect to qualified housing projects (Section 4).
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Clean Energy Promotion: Within the infrastructure grants, the Secretary is directed to give priority to electricity projects that focus on clean energy (Section 4(b)(2)).
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Protection for Renters: The bill requires an "extended working families housing commitment," which gives qualifying tenants the right to enforce certain requirements and prohibitions in court (Section 3(h)(5)(B)(ii)).
Potential Negative Impacts for People
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Income Restrictions for Housing: To qualify as a "working families unit," the residents' income must fall within specific limits based on the area median gross income (Section 3(g)(1)(C)).
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Exclusion of Certain Groups: The credit does not apply to units occupied by students who are under age 24 and enrolled full-time in higher education, unless they meet specific federal program exceptions (Section 3(i)(1)(D)).
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Limitations on Small Buildings: Certain restrictions apply to buildings with 4 or fewer residential rental units, which may impact the eligibility of smaller, owner-occupied housing projects (Section 3(i)(1)(C)).
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Tap or hover a score for the reason it gave.
- Demographic And Interest Groups
- Would people in rural areas be better off under this? — The bill provides higher credit bases and infrastructure grants specifically for rural and exurban communities. Would households on low incomes be better off under this? — The bill increases the availability of rent-restricted housing for households at or below certain income levels. Would middle-income households be better off under this? — The bill targets housing production for working families whose incomes fall within specific limits. Would Native Americans be better off under this? — The bill includes special provisions and higher credit basis for Indian areas. Would veterans be better off under this, taking everything together? — The bill explicitly identifies veterans as one of the groups intended to benefit from the housing production increase. Would business owners be better off under this? — The tax credit provides financial incentives for developers to build housing. Would people in their twenties and thirties be better off under this? — Increased housing supply may benefit young adults entering the workforce.
- Environment Energy And Infrastructure
- Does this invest in rural communities? — The bill provides enhanced tax credits and infrastructure grants specifically targeting rural and exurban areas. Does this put more money into wind, solar and other renewable power? — The bill directs the Secretary to prioritize clean energy projects for electricity infrastructure grants. Does this repair or build roads and bridges? — The bill authorizes $100,000,000 for infrastructure projects including local access roads.
- Economy And Finance
- Does this cut taxes for middle-income families? — The bill provides a tax credit for the production of quality housing intended for working families. Is this likely to create jobs? — Increased housing production through tax credits is likely to stimulate construction jobs. Is this likely to grow the economy? — The bill stimulates the economy through housing production and infrastructure grants.
- Social Issues And Justice
- Does this make housing cost less? — The bill establishes a new tax credit specifically to increase the production of quality, rent-restricted housing. Is this likely to lift people out of poverty? — By increasing the supply of rent-restricted housing for working families, the bill helps mitigate housing instability.
- 1/31/2025
- Referred to the Committee on Ways and Means, and in addition to the Committees on Energy and Commerce, and Transportation and Infrastructure, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- Introduced in House
3 bills Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.