The DASH Act outlines various provisions for improving housing affordability and safety. It includes initiatives like rental vouchers for the homeless, rural housing support, tax incentives for low-income housing, and credits for first-time homebuyers.

This section amends the United States Housing Act of 1937 to provide rental vouchers for individuals and families experiencing or at risk of homelessness. It outlines definitions, procedures for providing and managing these vouchers, requirements for public housing agencies, supportive services, capacity building, and state accountability measures to ensure the vouchers help reduce homelessness effectively.

In this section, it explains that $10 billion is set aside each year from 2023 to 2033 to help create affordable housing for people with very low or extremely low incomes. It also lays out rules for using these funds, giving priority to homeless individuals and families in the first few years, and requires that most of the money be used for buying land and constructing or fixing up rental homes.

The Modular Construction Pilot Program, established by the Secretary of Housing and Urban Development, provides grants to organizations such as public housing agencies, nonprofits, and local governments to encourage affordable housing through modular construction methods. To qualify for these grants, entities must ensure long-term affordability and may gain priority by constructing large housing groups, partnering with public housing agencies, or offering free supportive services to residents; the federal government will cover up to 75% of the project costs, with $2,000,000 allocated annually from 2023 to 2028.

The section of the bill aims to promote housing development by defining various housing terms, setting zoning information reporting requirements for jurisdictions receiving federal funds, prohibiting certain restrictive zoning practices, and establishing a grant program to encourage more flexible zoning. This program prioritizes jurisdictions that adopt inclusive planning methods to facilitate the construction of diverse housing options and provides grants ranging from $5 million to $125 million based on population size.

Section 408 of the McKinney-Vento Homeless Assistance Act is updated to authorize funding as needed for carrying out programs under this title for each fiscal year.

In Section 408, the text allows for an unspecified amount of money to be allocated each year as needed to support the activities outlined in this title.

The section focuses on providing financial support through loans and grants to organizations and entities for building or maintaining affordable housing for farm laborers and low-income individuals in rural areas. It outlines the types of eligible organizations, programs involved, and funding provisions, including priority for energy-efficient housing projects, rent assistance, and limits on rent increases.

The text describes a program established by the Secretary for preserving and revitalizing multifamily rental housing funded under certain sections of the Housing Act. It includes provisions for notifying owners and tenants about maturing loans, restructuring existing loans, renewing rental assistance, ensuring housing standards, technical assistance for property transfers, and authorizing appropriations to support the program.

The Housing Preservation and Revitalization Program allows the Secretary to help preserve multifamily rental housing by notifying owners and tenants of maturing loans, restructuring loans to keep housing safe and affordable, and renewing rental assistance contracts. The program also includes measures for transferring rental assistance, providing technical assistance for housing acquisitions, and covering administrative expenses, with $200 million authorized for each fiscal year from 2023 to 2028.

The amendment to the Housing Act of 1949 allows the Secretary to give rural housing vouchers to low-income households living in certain properties with loans that were either prepaid, foreclosed, or matured after September 30, 2005. This also applies to properties owned by nonprofit organizations or public agencies that are supported by specific sections of the law.

The section explains that for rural housing vouchers given under the Housing Act of 1949, the monthly assistance amount for a household is determined by specific rules set out in that law.

The amendment to Section 521(d) of the Housing Act of 1949 allows rental property owners to use rental assistance contracts that become available when a family's assistance ends, to help another eligible family living in or moving into the same project, within six months. If the owner does not use this option, the assistance is used for eligible families in other specific projects.

The section authorizes the allocation of $50 million for the fiscal year 2023 to the Secretary of Agriculture to improve the technology used by the Department of Agriculture for managing and processing loans for multifamily housing. These improvements must be completed within five years, and the funds will remain available for use throughout this period.

The section requires the Secretary of Agriculture to create and submit a plan to Congress for keeping rental housing affordable for low-income families, specifically focusing on projects backed by certain federal loans. An advisory committee of 14 members representing various stakeholders is established to assist in this effort, tasked with evaluating existing policies, suggesting improvements, and reporting quarterly on its activities.

Section 201 of the bill modifies the rules for tax-exempt bond financing, stipulating that a building can qualify for a tax credit if at least 50% of its costs (including land) are funded by tax-exempt bonds, or 25% if the bonds are issued between 2024 and 2028. This amendment applies to buildings with bonds issued after December 31, 2023.

This section of the bill revises how certain funding allocations are calculated for states under the Internal Revenue Code by adjusting the per capita and minimum amounts starting in 2023, with specific formulas to account for cost-of-living adjustments in subsequent years. These changes are set to take effect for calendar years after December 31, 2022.

The section amends the Internal Revenue Code to allocate a portion of a state's housing credit ceiling specifically for buildings serving extremely low-income households, ensuring that up to 92% of the credits can go to other buildings, and increases the credit for certain low-income projects that need extra financial support, starting from January 1, 2024. Additionally, certain criteria determine which projects can receive these benefits, particularly those meeting income-related restrictions and funding conditions.

The section amends the Internal Revenue Code to include "Indian areas" in the definition of difficult development areas for certain buildings, specifying that buildings in these areas must be supported by the Native American Housing Assistance and Self Determination Act or certain Indian tribes to qualify. These changes apply to buildings placed in service after December 31, 2023.

The bill modifies the Internal Revenue Code to include rural areas as "difficult development areas" for certain tax purposes, meaning that any place not in a metropolitan region or defined as rural under a specific housing law can apply for extra development incentives. This change will be applicable for buildings that begin operation after December 31, 2023.

The section amends Clause (v) of section 42(d)(5)(B) of the Internal Revenue Code of 1986 to increase the credit for bond-financed projects designated by a housing credit agency by removing certain references to "State" and applies to buildings and land financed by certain obligations issued after December 31, 2023.

The section repeals the option for certain buildings to enter into a "qualified contract" under the Internal Revenue Code, meaning that some buildings no longer have the option to sell their low-income portion at fair market value unless they meet specific requirements by a certain date. Additionally, it makes technical corrections and clarifies that these changes take effect from the date the Act is enacted, with specific rules applying to certain requests made after this date.

The section modifies the Internal Revenue Code to change the term "right of first refusal" to "option" regarding the purchase of building-related property. It clarifies that this option can apply to purchasing the entire partnership interest or property assets, and it mentions that such an option can be exercised without needing approval from project owners, including in response to offers made by related parties.

The section amends the Internal Revenue Code to prohibit local government support or opposition and contributions from being considered in housing project selection criteria, except when part of a broader evaluation of the project's funding. These changes will apply to housing credits allocated after December 31, 2023.

The section allows an increase in tax credits for buildings that offer supportive services to tenants, such as childcare, health services, and job training. These credits are available if the building owner commits to maintaining these services through agreements and regular reporting, and exceptions apply in cases like foreclosure.

The bill requires several government officials to work together to study the benefits and costs of offering tax breaks to people who sell empty commercial buildings so these can be turned into affordable housing for low-income residents or shelters for the homeless.

The proposed section of the bill introduces a "Renters Credit" in the tax code, allowing landlords a tax credit based on rent reductions for eligible low-income tenants in residential buildings. It outlines how the credit is determined, allocated, and managed by state agencies, sets guidelines for tenant eligibility, and ensures compliance and reporting from landlords, with particular emphasis on protecting tenants from unreasonable rent increases or evictions.

The section outlines a tax credit program for rental property owners who reduce rent for eligible tenants. Property owners can receive tax credits based on the difference between market rent and the rent paid by eligible low-income tenants, following certain rules and agreements with state agencies.

The section explains that for certain buildings owned by partnerships or S corporations, the government will pay an amount equivalent to a renters credit that would otherwise be applicable. It also gives the authority to establish rules on how to make these payments and how to divide them among partners or shareholders.

Gross income now includes both the credit allowed under section 36C and any payments made instead of this credit under section 6434 for the taxable year.

The section introduces a Middle-Income Housing Tax Credit by adding a new section, 42A, to the Internal Revenue Code. This credit provides tax incentives for creating and maintaining middle-income housing and sets out guidelines for allocating credit amounts, determining eligibility, and compiling necessary certifications and reports. Eligibility for these credits depends on things like the building's location, certain income limitations for occupants, and whether the building is part of a project that meets specific housing needs. The section includes adjustments for determining the credit amount and discusses specific rules for rural projects and projects financed by tax-exempt bonds.

The section describes a middle-income housing credit intended to support the development of housing projects for individuals with moderate incomes. This credit can be claimed over a 15-year period based on the qualified basis of each building within a project, which is determined by specific criteria like the building's percentage of rent-restricted units and residents' income levels.

The "Neighborhood Homes Credit" section of the text outlines a new tax incentive designed to stimulate the construction and substantial rehabilitation of homes in distressed communities by providing a credit to taxpayers. The credit aims to address housing shortages, boost homeownership rates in low-income areas, and generate significant economic activity and jobs by incentivizing the development of affordable housing solutions in neighborhoods that qualify under specified economic criteria.

The Neighborhood Homes Credit section provides a tax credit to taxpayers for selling affordable homes in certain neighborhoods. The credit is calculated based on factors like development costs, sale price, and median home prices, and includes specific criteria for qualified residences and homeowners.

State energy subsidies for qualifying residences are exempt from being counted as taxable income. Any financial aid from a state energy office used for making energy improvements to a qualified home does not need to be included in gross income calculations.

The section outlines a tax credit for first-time homebuyers in the U.S., where they can receive a credit of 20% of the residence's purchase price, up to $15,000. It includes various limitations and conditions, such as income limits, age requirements, and marital status, and specifies rules for the situation if the home is sold within six years of purchase, along with necessary reporting requirements and amendments for tax filings.

In this section, the bill introduces a refundable tax credit for first-time homebuyers in the United States, allowing them to claim up to 20% of the purchase price of a home, with a cap of $15,000. The eligibility and amount of the credit are influenced by the buyer's income, marital status, and other conditions, and the credit may be decreased or terminated if the home is sold within six years under specific circumstances.