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Boosting Affordable Housing and Reforming Income Calculations

This act aims to increase affordable housing supply by allocating billions of dollars to housing programs. It also mandates an assessment of how area median income is calculated, which could affect eligibility for housing assistance and maximum rent prices.
Key points
Allocates $5 billion annually for 10 years to programs supporting affordable housing, especially in high-cost areas.
Requires an assessment and potential reform of how area median income is calculated, impacting housing assistance eligibility and rent limits.
Analyzes the effects of high housing costs on rent prices and income limits, focusing on urban areas.
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Expired
Citizen Poll
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Additional Information
Print number: 117_HR_7739
Sponsor: Rep. Clarke, Yvette D. [D-NY-9]
Process start date: 2022-05-12
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Affordable Housing and Area Median Income Fairness Act of 2022

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_7739.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2022-05-12.

What are the main provisions?

Key points include:

  • Allocates $5 billion annually for 10 years to programs supporting affordable housing, especially in high-cost areas.
  • Requires an assessment and potential reform of how area median income is calculated, impacting housing assistance eligibility and rent limits.
  • Analyzes the effects of high housing costs on rent prices and income limits, focusing on urban areas.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Clarke, Yvette D. [D-NY-9].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Financial Services.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-28.

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