arrow_back Back to App

Increased Tax Credits for Accessible Housing Serving People with Disabilities.

This bill boosts tax credits for developers who build low-income housing units specifically designed for people with disabilities. The goal is to increase the supply of accessible housing that meets specific design standards. The increased credit is prioritized for projects located in areas with high walkability, ensuring better community access for residents.
Key points
The Low-Income Housing Tax Credit is increased (to 150% of the eligible basis) for projects where at least 50% of units are adapted for occupants with disabilities.
The incentive applies only if the housing is located in areas designated as having above-average walkability, promoting integration and ease of movement.
The change aims to make financially feasible the construction of more safe and accessible homes for low-income individuals with disabilities.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 118_S_3925
Sponsor: Sen. Casey, Robert P., Jr. [D-PA]
Process start date: 2024-03-12
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-flash-latest
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

Boosting Tax Credits for Accessible Housing Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_S_3925.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2024-03-12.

What are the main provisions?

Key points include:

  • The Low-Income Housing Tax Credit is increased (to 150% of the eligible basis) for projects where at least 50% of units are adapted for occupants with disabilities.
  • The incentive applies only if the housing is located in areas designated as having above-average walkability, promoting integration and ease of movement.
  • The change aims to make financially feasible the construction of more safe and accessible homes for low-income individuals with disabilities.
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 Sen. Casey, Robert P., Jr. [D-PA].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-26.

CATEGORIES

Taxes Real Estate