Top Legislation - View All
Also tagged in: Affordable housing, Apartment houses, Budgets, Federal aid to housing, Federally-guaranteed loans, Finance, Foreclosure, Government information, Government publicity, Housing, Housing authorities, Housing subsidies, Local government, Low-income housing, Mortgage guaranty insurance, Mortgages, Politics and government, Real estate appraisal, State and local government, State politics and government, Welfare
Latest Action: 03/16/2007 - Referred to the Subcommittee on Housing and Community Opportunity. Bill TextTo preserve affordable housing opportunities for low-income families, and for other purposes. 1/4/2007--Introduced. Stabilizing Affordable Housing for the Future Act - Amends the Departments of Veterans Affairs and Housing and Urban Development, and Independent Agencies Appropriations Act, 1997 and the Housing and Community Development Amendments of 1978 to: (1) repeal certain conditions on the authority of the Secretary of Housing and Urban Development to manage multifamily projects; and (2) authorize the Secretary to provide grants (including up-front grants) and loans from the General Insurance Fund when managing and disposing of such properties. Instructs the Secretary to maintain rental assistance payments for dwelling units in any multifamily property program administered by the Secretary. Amends the Deficit Reduction Act of 2005 to redefine loan market value and property market value with respect to physically distressed properties sold by HUD in discount [...] show full description
Also tagged in: Aged, Apartment houses, Budgets, Condominium (Housing), Cooperative housing, Disasters, Emergency management, Families, Federal aid to housing, Federally-guaranteed loans, Finance, Housing, Housing for the aged, Moderate income housing, Mortgages, Residential rehabilitation, Urban affairs, Urban renewal
Latest Action: 01/04/2007 - Referred to the House Committee on Financial Services. Bill TextTo amend the National Housing Act to increase the mortgage amount limits applicable to FHA mortgage insurance for multifamily housing located in high-cost areas. 1/4/2007--Introduced. FHA Multifamily Loan Limit Adjustment Act of 2007 - Amends the National Housing Act to increase high-cost area and project-based additional mortgage loan limits for Federal Housing Administration (FHA)-insured mortgages for: (1) rental housing; (2) cooperative housing; (3) rehabilitation and neighborhood conservation housing insurance; (4) moderate income and displaced family housing; (5) housing for the elderly; and (6) condominiums.
Latest Action: 03/16/2007 - Referred to the Subcommittee on Housing and Community Opportunity. Bill TextTo authorize 150,000 incremental vouchers for tenant-based rental assistance under section 8 of the United States Housing Act of 1937 to help meet the housing needs of low-income families. 1/4/2007--Introduced. Housing Opportunities Made Easier Act, or the HOME Act - Instructs the Secretary of Housing and Urban Development to: (1) provide 150,000 incremental vouchers to public housing agencies in FY2008 for tenant-based rental housing assistance under section 8 of the United States Housing Act of 1937; and (2) renew such vouchers in each ensuing fiscal year.
Also tagged in: Aged, Budgets, Criminal justice, Disabled, Drug abuse, Drug traffic, Eviction, Federal aid to housing, Fines (Penalties), Housing, Housing for the aged, Housing for the disabled, Housing subsidies, Landlord and tenant, Low-income housing, Public housing, Welfare
Latest Action: 03/16/2007 - Referred to the Subcommittee on Housing and Community Opportunity. Bill TextTo protect innocent elderly and disabled tenants in public housing and housing assisted under the rental assistance program under section 8 of the United States Housing Act of 1937 from eviction by reason of criminal activity. 1/4/2007--Introduced. One Strike and You're Out! Act of 2007 - Amends the United States Housing Act of 1937 to exempt a tenant in public housing or housing assisted under the section 8 rental assistance program from the eviction for criminal or drug-related criminal activity provisions if such activity was engaged in by a member under the tenant's control and the tenant: (1) is elderly or disabled; (2) did not know and should not have known of the activity; or (3) the tenant or member of household was the victim of the criminal activity. Requires public housing agencies to report annually on the number of such evictions.
Also tagged in: Administrative procedure, Budgets, Burglary, Consumer education, Consumer Product Safety Commission, Consumers, Criminal justice, Data banks, Emergency management, Equipment and supplies, Executive departments, Federal aid to housing, Federal preemption, Federally-guaranteed loans, Finance, Fires, Government information, Government lending, Government paperwork, Government statistics, Housing, Housing subsidies, Independent regulatory commissions, Labeling, Law, Mortgage guaranty insurance, Packaging, Prefabricated buildings, Product safety, Security measures, Standards, State and local government, State laws, Technology
Latest Action: 04/11/2007 - Referred to the Subcommittee on Housing and Community Opportunity. Bill TextTo confirm the jurisdiction of the Consumer Product Safety Commission with respect to releasing systems on residential window bars and to establish a consumer product safety standard ensuring that all such bars include a quick-release mechanism. 1/4/2007--Introduced. Safe Access in Fire Emergencies Act of 2007 - Requires the Consumer Products Safety Commission to establish a consumer product safety standard for window bars that: (1) requires all window bars manufactured or installed in the United States to incorporate releasing systems that meet minimum standards; and (2) addresses such systems for interior and exterior based bars. Provides that the minimum standards shall require that such systems provide for: (1) egress when actuated; and (2) manual activation from inside a residence allowing escape through a protected opening. Requires compliance enforcement under the Consumer Products Safety Act. Directs the Commission to require each manufacturer to include [...] show full description
Also tagged in: Budgets, Consent decrees, Criminal justice, Families, Family services, Federal aid to housing, Housing, Housing authorities, Housing subsidies, Law, Low-income housing, Public housing, Relocation, Residential rehabilitation, Welfare, Witnesses
Latest Action: 03/16/2007 - Referred to the Subcommittee on Housing and Community Opportunity. Bill TextTo authorize the renewal of tenant-based rental assistance vouchers under section 8 of the United States Housing Act of 1937. 1/4/2007--Introduced. Housing Authority Funding Fairness Act of 2007 - Amends the United States Housing Act of 1937 to: (1) repeal tenant-based contract renewals by application of an inflation factor; and (2) authorize FY2008-FY2012 appropriations for tenant-based rental assistance (vouchers). Prescribes requirements for renewal funding for each public housing agency.
Also tagged in: Administrative procedure, Agricultural labor, Agricultural subsidies, Agriculture, Animals, Budgets, Business, California, Citrus fruits, Crop insurance, Dairy industry, Department of Agriculture, Disaster relief, Emergency housing, Emergency management, Executive departments, Federal budgets, Finance, Floods, Food, Food relief, Forestry, Fruit, Grants-in-aid, Horticulture, Housing, Housing subsidies, Labor, Law, Livestock, Losses, Migrant labor, Mortgages, Natural resources, Nuts, Off-budget expenditures, Seasonal labor, Small business, Trees, Unemployment, Unemployment insurance, Vegetables, Weather
Latest Action: 02/07/2007 - Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry. Bill TextA bill to provide emergency agricultural disaster assistance for agricultural producers, manufacturers, and workers in the State of California. 2/7/2007--Introduced. Emergency Farm Assistance Act of 2007 - Directs the Secretary of Agriculture (Secretary) to provide assistance: (1) to producers of specialty crops in disaster counties that suffered losses in 2005 or 2006; (2) to citrus producers in disaster counties that suffered losses in 2007; (3) to producers of other specialty crops in disaster counties that suffered losses in 2007; (4) to dairy producers in disaster counties that suffered losses in 2006; and (5) for livestock indemnity payments to producers in disaster counties that incurred losses in 2006 or 2007, or both. Directs the Secretary to make grants to California for an expedited disaster assistance program to qualified small businesses that suffered losses during the 2005, 2006, or 2007 crop year as a result of weather-related agricultural losses to the [...] show full description
Also tagged in: Budgets, Building construction, Business, Collection of accounts, Commemorations, Condominium (Housing), Depressed areas, Economic policy, Historic sites, History, Housing, Income tax, Investment tax credit, Leases, Low-income housing, Maintenance and repair, Office buildings, Residential rehabilitation, Tax credits, Tax-exempt organizations, Taxation, Valuation
Latest Action: 02/14/2007 - Read twice and referred to the Committee on Finance. Bill TextA bill to amend the Internal Revenue Code of 1986 to modify the rehabilitation credit and the low-income housing credit. 2/14/2007--Introduced. Community Restoration and Revitalization Act of 2007 - Amends the Internal Revenue Code to: (1) allow an increased rehabilitation tax credit for certain low-income buildings; (2) allow a basis reduction adjustment for property eligible for the credit; (3) increase the credit for certain smaller buildings; (4) allow property eligible for the credit to be used for lodging purposes; (5) modify placed-in-service rules for credit property; (6) modify qualification rules for credit property that is tax-exempt use property; (7) increase the credit for buildings in high cost areas; and (8) exempt certain condominium transactions from rehabilitation tax credit recapture requirements.
Also tagged in: Accounting, Administrative fees, Apartment houses, Architecture, Building construction, Commemorations, Condominium (Housing), Cooperative housing, Depressed areas, Economic policy, Enterprise zones, Finance, Historic sites, History, Home ownership, Home repair and improvement, Housing, Humanities, Income tax, Investment tax credit, Law, Low-income housing, Mortgage banks, Mortgage interest rates, Mortgages, Natural resources, Public lands, Tax credits, Tax exclusion, Taxation, Urban affairs, Valuation, Welfare
Latest Action: 02/05/2007 - Sponsor introductory remarks on measure. (CR H1155) Bill TextTo amend the Internal Revenue Code of 1986 to expand the incentives for the rehabilitation of older buildings, including owner-occupied residences. 1/22/2007--Introduced. Preserve Historic America Act of 2007 - Amends the Internal Revenue Code to modify the tax credit for rehabilitation of older and historic buildings by: (1) increasing from 20 to 25% the tax credit rate for certified historic structure rehabilitation expenditures; (2) permitting a building at least 50 years old to qualify for the rehabilitation tax credit (currently, a building must have been placed in service before 1936); (3) permitting qualified rehabilitated buildings to be used for lodging purposes; (4) limiting to 50% the basis reduction for buildings qualifying for the low-income housing and rehabilitation tax credits; (5) allowing an increased rehabilitation tax credit for certain buildings in difficult development areas or which qualify as small rehabilitation projects; (6) exempting tax credits [...] show full description
Also tagged in: Affordable housing, Apartment houses, Building laws, Cooperative housing, Finance, Home repair and improvement, Housing, Mortgages, Public contracts, Real estate appraisal, Residential rehabilitation, Surplus government property
Latest Action: 04/12/2007 - Referred to the Subcommittee on Housing and Community Opportunity. Bill TextTo provide for more accurate valuation of multifamily housing properties, and loans for such properties, that are sold at a discount by the Department of Housing and Urban Development to facilitate acquisition of such properties that maintains the properties as affordable housing. 1/24/2007--Introduced. Pathway to Preservation Act of 2007 - Amends the Deficit Reduction Act of 2005 to redefine "loan market value," which currently means the value of a multifamily (rental or cooperative housing project) loan, without taking into account any affordability requirements. Repeals the condition that affordability requirements not be taken into account. Defines "loan market value" as the value of a multifamily (rental or cooperative housing project) loan using industry standard appraisal practices, including consideration of the cost of repairs needed for the property subject to the loan to comply with minimum safety and building standards and the cost of maintaining [...] show full description
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Latest Legislation - View All
Also tagged in: Budgets, Criminal justice, Disaster relief, Emergency management, Federal aid to housing, Government liability, Housing, Housing subsidies, Law, Low-income housing, Public housing, Violence, Welfare
Latest Action: 06/19/2008 - Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Bill TextTo repeal section 9(k) of the United States Housing Act of 1937. 6/18/2008--Passed House without amendment. (There is 1 other summary) (This measure has not been amended since it was introduced. The summary of that version is repeated here.)Public Housing Disaster Relief Act of 2008 - Amends the United States Housing Act of 1937 with respect to the Public Housing Capital and Operating Funds. Repeals the requirement that the Secretary of Housing and Urban Development set-aside up to 2% of annual appropriations to provide assistance for emergencies and other disasters, and housing needs resulting from any litigation settlement, including a specified allocation to the Operation Safe Home program, administered by the Office of the Inspector General of the Department of Housing and Urban Development, for law enforcement efforts to combat violent crime on or near the premises of public and federally assisted housing.(Currently such funds [...] show full description
Also tagged in: Administrative fees, Administrative procedure, Budgets, Capital, Department of Housing and Urban Development, Eviction, Executive departments, Federal aid to housing, Firearms, Firearms control, Housing, Housing authorities, Housing finance, Housing management, Housing subsidies, Illegal aliens, Immigration, Landlord and tenant, Law, Leases, Public housing, Welfare
Latest Action: 07/10/2008 - Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Bill TextTo improve the Operating Fund for public housing of the Department of Housing and Urban Development, and for other purposes. 7/9/2008--Passed House amended. (There is 1 other summary) Asset Management Improvement Act of 2008 - Prohibits the Secretary of Housing and Urban Development from imposing restrictions or limitations on the amount of management and related fees for a public housing project which the public housing agency (PHA) determines reasonable, unless such restriction or limitation: (1) is determined pursuant to a negotiated rulemaking convened by the Secretary no earlier than April 1, 2009, with representatives from interested parties; and (2) is effective only on or after January 1, 2011. Allows any PHA that owns or operates fewer than 500 public housing units under the United States Housing Act of 1937 to elect to be exempt from asset management requirements imposed by the Secretary. Prohibits the Secretary from imposing [...] show full description
Latest Action: 05/08/2008 - Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Bill TextTo facilitate the preservation of certain affordable housing dwelling units. 5/7/2008--Passed House without amendment. (There is 1 other summary) (This measure has not been amended since it was introduced. The summary of that version is repeated here.)Authorizes the Secretary of Housing and Urban Development (HUD), upon request of the owner of a multifamily housing project to which specified contracts are subject, to: (1) convert such contracts to a contract for project-based rental assistance under section 8 of the United States Housing Act of 1937; and (2) treat the contemplated resulting contract as eligible for initial renewal under the Multifamily Assisted Housing Reform and Affordability Act of 1997, if certain conditions are met.Deems the owner to be in compliance with income-targeting requirements of the United States Housing Act of 1937 by serving low-income families.Considers each family residing in an assisted [...] show full description
Also tagged in: Administrative fees, Administrative procedure, Authorization, Budgets, Capital, Capital investments, Children, Crime prevention, Criminal justice, Department of Housing and Urban Development, Drug abuse, Drug abuse prevention, Drug abuse treatment, Drug traffic, Drugs and youth, Executive departments, Federal aid to housing, Finance, Firearms, Firearms control, Housing, Housing authorities, Housing finance, Housing management, Illegal aliens, Immigration, Job training, Landlord and tenant, Law, Private police, Public housing, Violence, Welfare, Welfare work participation, Youth services
Latest Action: 04/24/2008 - Committee Consideration and Mark-up Session Held. Bill TextTo improve the Operating Fund for public housing of the Department of Housing and Urban Development, and for other purposes. 4/17/2008--Introduced. Public Housing Asset Management Improvement Act of 2008 - Prohibits the Secretary of Housing and Urban Development from imposing restrictions or limitations on the amount of management and related fees for a public housing project which the public housing agency (PHA) determines reasonable, unless such restriction or limitation: (1) is determined pursuant to a negotiated rulemaking convened by the Secretary no earlier than April 1, 2009, with representatives from interested parties; and (2) is effective only on or after January 1, 2011. Allows any PHA that owns or operates fewer than 500 public housing units under the United States Housing Act of 1937 to elect to be exempt from asset management requirements imposed by the Secretary. Prohibits the Secretary from imposing any requirement, regulation, or guideline relating [...] show full description
Also tagged in: Accounting, Administrative procedure, Auctions, Bankruptcy, Budgets, Collection of accounts, Communications, Computer software, Conflict of interests, Congress, Congressional investigations, Congressional reporting requirements, Consumer education, Consumer protection, Consumers, Counseling, Criminal justice, Criminal justice information, Debt, Debtor and creditor, Department of Housing and Urban Development, Electronic data interchange, Eviction, Executive departments, Executive reorganization, Federal advisory bodies, Federal aid to housing, Federally-guaranteed loans, Fees, Finance, Financial services, Fines (Penalties), Foreclosure, Fraud, Government information, Government publications, Government publicity, Government trust funds, Home ownership, Housing, Housing finance, Identification of criminals, Income tax, Inspectors general, Insurance premiums, Law, Legal aid, Liens, Loan defaults, Mortgage banks, Mortgage guaranty insurance, Mortgage interest rates, Mortgages, Politics and government, Prosecution, Public prosecutors, Public service advertising, Real estate appraisal, Recruiting of employees, Risk, Secondary mortgage market, Securities, Settlement costs, Social services, Tax returns, Taxation, Technology, Telecommunication, Veterans, Veterans' benefits, Warranties
Latest Action: 05/05/2008 - Reported (Amended) by the Committee on Financial Services. H. Rept. 110-619. Bill TextTo create a voluntary FHA program that provides mortgage refinancing assistance to allow families to stay in their homes, protect neighborhoods, and help stabilize the housing market. 5/5/2008--Reported to House amended. (There is 1 other summary) FHA Housing Stabilization and Homeownership Retention Act of 2008 - Title I: Homeownership Retention - (Sec. 102) Amends the National Housing Act (NHA) to create the Refinance Program Oversight Board, which shall establish and oversee a program for insuring homeownership retention mortgages. Instructs the Secretary of Housing and Urban Development (HUD) to insure any homeownership retention mortgage covering a one- to four-family residence made to pay or prepay outstanding obligations under an existing mortgage on the residence. Sets forth mortgagor eligibility criteria, including mortgagor certification that: (1) the residence is the only residence in which the mortgagor has any present [...] show full description
Also tagged in: Affordable housing, Budgets, Civil rights, Collection of accounts, Fair housing, Federal aid to housing, Federal-state relations, Finance, Foreclosure, Government lending, Home ownership, Housing, Housing finance, Housing subsidies, Intergovernmental fiscal relations, Low-income housing, Mortgages, Residential rehabilitation, State and local government, Welfare, Welfare recipients
Latest Action: 05/12/2008 - Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Bill TextTo authorize the Secretary of Housing and Urban Development to make loans to States to acquire foreclosed housing and to make grants to States for related costs. 5/8/2008--Passed House amended. (There are 2 other summaries) Neighborhood Stabilization Act of 2008 - (Sec. 3) Directs the Secretary of Housing and Urban Development (HUD) to make grants and loans to qualified states, metropolitan cities, and urban counties, in accordance with HUD-approved plans, to carry out eligible housing stimulus activities. Requires such program to be administered through HUD's Office of Community Planning and Development (or any successor office responsible for administering the community development block grant program under the Housing and Community Development Act of 1974). (Sec. 4) Specifies the contents of a grant or loan applicant's plan, which must be submitted for the Secretary's approval. Requires a plan, among other things, to give priority [...] show full description
Also tagged in: Alabama, Bonds, Building construction, Business, Community development, Community development banking, Depreciation and amortization, Economic policy, Emergency management, Employment, Finance, Housing, Housing finance, Hurricanes, Income tax, Infrastructure, Investments, Labor, Louisiana, Mississippi, Regional economic development, Residential rehabilitation, Rural affairs, Tax credits, Tax deductions, Tax incentives, Taxation, Texas, Urban affairs
Latest Action: 03/13/2008 - Read twice and referred to the Committee on Finance. Bill TextA bill to amend the Internal Revenue Code of 1986 to extend certain benefits applicable to the Gulf Opportunity Zone, and for other purposes. 3/13/2008--Introduced. Amends the Internal Revenue Code to: (1) extend through 2010 increased depreciation allowances for certain business and investment property located in the Gulf Opportunity Zone (GO Zone) (through 2011 for nonresidential real property or residential rental property in the GO Zone); (2) extend through 2012 special rules relating to the depreciation of buildings in the GO Zone; (3) extend through 2010 the tax credit for rehabilitation expenditures in the GO Zone; (4) increase the new markets tax credit limitation in 2008 and 2009 for investments in community development entities serving the GO Zone; (5) extend through 2012, and increase the authority for, tax-exempt bond financing for bonds issued by Louisiana or a political subdivision thereof; (6) authorize the Secretary of Housing and Urban Development to expand [...] show full description
Also tagged in: Affordable housing, Aged, Apartment houses, Budgets, Congregate housing, Data banks, Emergency management, Federal aid to housing, Federal-local relations, Federal-state relations, Federally-guaranteed loans, Government information, Government publicity, Homeless, Housing, Housing authorities, Housing finance, Housing for the aged, Housing subsidies, Internet, Landlord and tenant, Low-income housing, Mortgage guaranty insurance, Mortgages, Nonprofit organizations, Public contracts, Public housing, Real estate development, Rent, Social services, State and local government, Technology, Telecommunication, Telephone, Web sites, Welfare
Latest Action: 03/10/2008 - Sponsor introductory remarks on measure. (CR S1814) Bill TextA bill to amend section 202 of the Housing Act of 1959 to improve the program under such section for supportive housing for the elderly, and for other purposes. 3/7/2008--Introduced. Section 202 Supportive Housing for the Elderly Act of 2008 - Amends the Housing Act of 1959 regarding project rental assistance for supportive housing for the elderly. Changes from discretionary to mandatory the authority of the Secretary of Housing and Urban Development (HUD) to adjust the annual amount of a contract for project rental assistance to provide for reasonable project costs. Directs the Secretary to delegate review and processing of selected capital advance projects to a state or local housing agency meeting specified criteria. States that owner deposits shall be used only to cover operating deficits during the first three years of operations and shall not be used to cover construction shortfalls or inadequate initial project rental assistance amounts. Allows [...] show full description
Also tagged in: Administrative procedure, Afghanistan, Apartment houses, Armed forces, Bonds, Budgets, Condominium (Housing), Congress, Congressional investigations, Congressional reporting requirements, Consumer credit, Consumers, Cooperative housing, Counseling, Damages, Defense policy, Department of the Treasury, Economic policy, Energy, Energy efficiency, Executive departments, Federal aid to housing, Federally-guaranteed loans, Fees, Finance, Foreclosure, Fraud, Government trust funds, Hawaiians, Home equity conversion, Home ownership, Housing, Income tax, Indexing (Economic policy), Indian housing, Insurance premiums, Iraq, Iraq compilation, Law, Leases, Liability (Law), Loan defaults, Losses, Middle East and North Africa, Military operations, Minimum tax, Minorities, Mobile homes, Mortgage guaranty insurance, Mortgage interest rates, Mortgages, Performance measurement, Residential rehabilitation, Single family housing, Social services, South Asia, Tax credits, Tax deductions, Taxation, Trusts and trustees, Veterans
Latest Action: 03/11/2008 - Star Print ordered on the bill. Bill TextA bill to aid families and neighborhoods facing home foreclosure and address the subprime mortgage crisis. 3/7/2008--Introduced. Security Against Foreclosures and Education Act, or the SAFE Act - Amends the Internal Revenue Code to allow proceeds of qualified mortgage bonds to be used to refinance certain residential subprime loans. Requires the Neighborhood Reinvestment Corporation to continue to award expeditiously certain funds already provided for mortgage foreclosure counseling. Amends the Code to allow purchasers of certain single-family principal residences a one-time tax credit. Amends the Truth in Lending Act to: (1) revise creditor mortgage loan disclosure requirements; and (2) increase civil damages for noncompliance with such Act. Amends the Code to: (1) allow a five-year carryback of net operating losses for certain taxable years; and (2) suspend through taxable year 2009 the 90% of alternative minimum taxable income limit for certain [...] show full description
Also tagged in: Administrative procedure, Affordable housing, Bonds, Budgets, Department of the Treasury, Disaster relief, Displaced homemakers, Emergency management, Executive departments, Families, Federal aid to housing, Finance, Housing, Income tax, Law, Low-income housing, Minimum tax, Mortgages, Real estate appraisal, Residential rehabilitation, Rural affairs, Rural housing, Single-parent families, Tax credits, Tax exemption, Taxation, Veterans, Veterans' loans, Welfare
Latest Action: 02/25/2008 - Sponsor introductory remarks on measure. (CR S1139-1140) Bill TextA bill to amend the Internal Revenue Code of 1986 to encourage investment in affordable housing, and for other purposes. 2/25/2008--Introduced. Affordable Housing Investment Act of 2008 - Amends the Internal Revenue Code to revise and enhance tax incentives for investment in affordable housing, including by: (1) renaming the low-income housing tax credit as the affordable housing credit; (2) revising the applicable percentage rates for such credit; (3) increasing the amount of such credit for low-income buildings that are part of state-designated projects; (4) revising rules for the treatment of scattered site and rural residential rental housing projects; (5) permitting affordable housing credits for federally-assisted moderate rehabilitation developments; (6) allowing an offset against alternative minimum tax liability for affordable housing tax credit amounts; (7) exempting interest on certain exempt private activity bonds, qualified mortgage revenue bonds, qualified veterans' [...] show full description
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