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No Housing Tax Credit for Companies with DEI Initiatives

This new bill aims to deny tax credits to companies that build low-income housing if they have diversity, equity, and inclusion (DEI) programs. This could impact the availability of affordable housing, as developers might lose incentives to build such properties.
Key points
Companies providing low-income housing will not receive tax credits if they implement DEI initiatives.
The changes apply to partnerships and S corporations, but not directly to individuals, unless they are partners in such entities.
The bill might reduce the supply of affordable housing if developers are discouraged from building without these tax incentives.
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Expired
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Additional Information
Print number: 118_HR_10195
Sponsor: Rep. Good, Bob [R-VA-5]
Process start date: 2024-11-21
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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

No Discrimination in Housing Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_10195.

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 2024-11-21.

What are the main provisions?

Key points include:

  • Companies providing low-income housing will not receive tax credits if they implement DEI initiatives.
  • The changes apply to partnerships and S corporations, but not directly to individuals, unless they are partners in such entities.
  • The bill might reduce the supply of affordable housing if developers are discouraged from building without these tax incentives.
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. Good, Bob [R-VA-5].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Ways and Means.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-24.

CATEGORIES

Taxes Real Estate