Search Results: keywords:"low-income households"

  • H. R. 9856 — To amend the Internal Revenue Code of 1986 to establish an exception to the volume cap for certain bonds to finance the preservation, improvement, or development of affordable rental housing buildings.
    Status:Introduced in House
    Words:389

    H. R. 9856, also known as the "Accelerated Supply of Affordable Production Housing Act" or the "ASAP Housing Act," proposes changes to the Internal Revenue Code of 1986. It aims to create an exception to the existing volume cap for certain bonds, specifically those financing...

    Simple Explanation

    The ASAP Housing Act wants to make it easier for people to create places to live that don't cost too much for families with less money, by allowing special rules for getting money between 2025 and 2034. All homes made this way would need to be affordable for those who need it most.

  • H. R. 8032 — To authorize the Low-Income Household Water Assistance Program, and for other purposes.
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    Status:Introduced in House
    Words:1,624

    H.R. 8032, introduced in the House of Representatives, aims to establish the Low-Income Household Water Assistance Program. This program would provide grants to states, Indian tribes, and nonprofits to help low-income households pay for water and wastewater services. The bill defines...

    Simple Explanation

    H.R. 8032 is a plan to help people who don’t have a lot of money pay their water bills by giving money to groups like states and tribes. It wants to make sure everyone can get clean water, but it needs to be careful that the money is given out fairly and that it’s not used for other things.