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Increased Transparency in Low-Income Housing Market

This new act aims to increase the availability of information on housing projects supported by tax credits. This will allow citizens to better understand how public funds are used for the construction and maintenance of low-income housing, potentially impacting their trust in government programs and awareness of available housing resources.
Key points
More data on construction costs and ownership of low-income housing will be publicly available.
Information on housing standards and expiration dates of affordable use provisions will be collected and shared.
This will help citizens track how housing support programs operate and whether they meet their objectives.
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Additional Information
Print number: 117_S_4737
Sponsor: Sen. Warnock, Raphael G. [D-GA]
Process start date: 2022-08-02