To amend the Internal Revenue Code of 1986 to provide a credit for working families housing development, and for other purposes.
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
This bill, To amend the Internal Revenue Code of 1986 to provide a credit for working families housing development, and for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers. The main policy domain is Finance, Government Operations, Education.
Who Benefits and How
financial institutions, investors, and borrowers may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.
Who Bears the Burden and How
federal implementing agencies, financial institutions, investors, and borrowers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.
Key Provisions
- Section H6890FDF7DDE64A67AECFE2343C3149FB: 1. Short title This Act may be cited as the Working Families Housing Tax Credit Act.
- Section H155E05BF320B4C64B9C3A39B52FAC884: 2. Sense of Congress relating to the working families housing tax credit It is the sense of Congress that— the working family housing tax credit under section...
- Section H34F02F50B20E49A397407019ED4157CC: 3. Working families housing tax credit Subpart D of part IV of subchapter A of chapter 1 of the Internal Revenue Code of 1986 is amended by inserting after...
- Section H7665B0B0BAEC4CC2A0F6E3E9F7CEC28C: 42A. Working families housing credit For purposes of section 38, the amount of the working families housing credit determined under this section for any...
- Section H9722457A06EC4AA8BD3A89E0A6C26250: 4. Loans and grants for infrastructure projects in connection with qualified working families housing projects The Secretary shall make grants and...
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
This bill, To amend the Internal Revenue Code of 1986 to provide a credit for working families housing development, and for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Key Policy Areas
Finance, Government Operations, Education
Primary Purpose
This bill, To amend the Internal Revenue Code of 1986 to provide a credit for working families housing development, and for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Policy Domains
Whole bill
Identified Gains
- financial institutions, investors, and borrowers
Identified Costs
- federal implementing agencies
- financial institutions, investors, and borrowers
Sponsors
Legislative Progress
IntroducedMr. Ryan introduced the following bill; which was referred to …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "secretary_of_housing_and_urban_development"
- → 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