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Housing, Opportunity, Mobility, and Equity Act of 2022

This act aims to increase housing affordability by supporting local governments in developing more flexible building policies. It also introduces a tax credit for individuals whose rent exceeds 30% of their income, and a savings program allowing a portion of tax refunds to be deferred.
Key points
Support for local governments to create policies that reduce barriers to housing development, including affordable housing.
New tax credit for individuals with high rent costs relative to their income, with an option for monthly advance payments.
A "Refund to Rainy Day Savings Program" allowing taxpayers to defer a portion of their tax refund into an interest-bearing savings fund.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 117_HR_9466
Sponsor: Rep. Clyburn, James E. [D-SC-6]
Process start date: 2022-12-08
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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

Housing, Opportunity, Mobility, and Equity Act of 2022

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_9466.

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 2022-12-08.

What are the main provisions?

Key points include:

  • Support for local governments to create policies that reduce barriers to housing development, including affordable housing.
  • New tax credit for individuals with high rent costs relative to their income, with an option for monthly advance payments.
  • A "Refund to Rainy Day Savings Program" allowing taxpayers to defer a portion of their tax refund into an interest-bearing savings fund.
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. Clyburn, James E. [D-SC-6].

What is the latest detailed status?

The latest detailed status is: Referred to the Subcommittee on Highways and Transit.

Is this summary verified?

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

CATEGORIES

Real Estate Taxes Public Investments