HR3216-119

Introduced

To require the Secretary of Housing and Urban Development to collect and make publicly available data on properties receiving an allocation of credit under the low-income housing tax credit, and for other purposes.

119th Congress Introduced May 6, 2025

Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.

Summary

What This Bill Does

The bill requires the Secretary of HUD to regularly collect comprehensive data on Low-Income Housing Tax Credit properties from state agencies and make it publicly available annually, including development costs, ownership. It relies on reporting requirements and compliance mandates. The main policy areas are Housing, Science & Space, and Finance.

Who Benefits and How

Housing policy researchers and advocacy organizations could gain revenue opportunities.

Who Bears the Burden and How

U.S. Department of Housing and Urban Development would take on compliance duties and State housing finance agencies administering LIHTC credits would take on compliance duties.

Key Provisions

  • Requires the Secretary of HUD to regularly collect comprehensive data on Low-Income Housing Tax Credit properties from state agencies and make it publicly available annually, including development costs, ownership...

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.

At a Glance

What This Bill Does

The bill requires the Secretary of HUD to regularly collect comprehensive data on Low-Income Housing Tax Credit properties from state agencies and make it publicly available annually, including development costs, ownership.

Key Policy Areas

Housing, Science & Space, Finance

Primary Purpose

The bill requires the Secretary of HUD to regularly collect comprehensive data on Low-Income Housing Tax Credit properties from state agencies and make it publicly available annually, including development costs, ownership.

Policy Domains

Housing Science & Space Finance

Section 2 - HUD Reporting Requirements

Identified Gains
  • Housing policy researchers and advocacy organizations
Model: codex-gpt-5:bulk-repair | Version: bill_summary_v2 | Source: ih
Housing policy researchers and advocacy organizations:
Identified Costs
  • U.S. Department of Housing and Urban Development
  • State housing finance agencies administering LIHTC credits
Model: codex-gpt-5:bulk-repair | Version: bill_summary_v2 | Source: ih
U.S. Department of Housing and Urban Development:
State housing finance agencies administering LIHTC credits:

Legislative Progress

Introduced
Introduced Committee Passed
May 6, 2025

Mr. Horsford (for himself and Mr. Cleaver) introduced the following …

Stakeholder Effects

cui bono?

How this legislation distributes effects. Mention counts reflect frequency, not effect magnitude.

State & Local Government
1 mention across 1 clause
-1 negative

State housing finance agencies administering LIHTC credits

Government
1 mention across 1 clause
-1 negative

U.S. Department of Housing and Urban Development

Research & Science
1 mention across 1 clause
+1 positive

Housing policy researchers and advocacy organizations

Real Estate
1 mention across 1 clause
?1 uncertain

Low-Income Housing Tax Credit property owners and developers

1/2
sections analyzed
Full impact breakdown

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Housing Science & Space Finance
Actor Mappings
"state_agency"
→ State agency administering credits under IRC Section 42
"the_secretary"
→ Secretary of Housing and Urban Development

Key Definitions

Terms defined in this bill

2 terms
"covered property" §2

A building receiving an allocation of credit under section 42 of the Internal Revenue Code of 1986 (Low-Income Housing Tax Credit)

"the Secretary" §2.1

The Secretary of Housing and Urban Development

We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.

Learn more about our methodology