Search Results: keywords:"financial accessibility"

  • H. R. 10296 — To amend the Internal Revenue Code of 1986 to make expiring ABLE provisions permanent, improve accessibility and education for families, and for other purposes.
    Status:Introduced in House
    Words:2,247

    H.R. 10296, also known as the “ABLE Tomorrow Act,” aims to amend the Internal Revenue Code to permanently extend and improve provisions related to ABLE accounts, which help people with disabilities save money. It removes previous expiration dates for increased contribution limits and allows...

    Simple Explanation

    The ABLE Tomorrow Act wants to help people with disabilities save money by making it easier for them to use special savings accounts called ABLE accounts forever, letting them save more and giving them more information about how these accounts work.

  • S. 5071 — To amend the Housing Act of 1949 to permit certain grants to be used for accessory dwelling units, and for other purposes.
    💰
    Status:Introduced in Senate
    Words:1,742

    The bill, S. 5071, aims to amend the Housing Act of 1949 to allow certain grants to be used for building accessory dwelling units, which are small, separate living spaces on the same property as a single-family home. It sets limits on the use of grants, such as ensuring they don't cover more...

    Simple Explanation

    The bill wants to change some rules so people can get money to help build little homes in their backyard. These new homes can only get help for part of the cost, and there’s a limit on how much money they can get.

  • S. 3862 — To modify the multifamily loan limits under title II of the National Housing Act, and for other purposes.
    💰
    Status:Introduced in Senate
    Words:1,492

    S. 3862 aims to adjust the loan limits for multifamily housing under the National Housing Act in the United States. The bill proposes increasing the dollar amounts allowable for various loan categories, reflecting changes in the cost of construction. These adjustments will be...

    Simple Explanation

    S. 3862 wants to change the rules about how much money can be borrowed to build big apartment buildings so that it matches how much building a home costs now. The new rules will be updated every year to make sure they always fit what's going on with prices.