The Manufactured Housing Community Sustainability Act of 2024 aims to amend the Internal Revenue Code to offer a business tax credit for the sale of real property used as a manufactured home community. The bill highlights the importance of manufactured home communities in...
Simple Explanation
The Manufactured Housing Community Sustainability Act of 2024 wants to help people keep their homes affordable by giving special tax breaks to owners who sell their land to groups that promise to keep it as a community of manufactured homes for a long time. It's like giving a big thank-you gift to those who sell their land in a way that helps people have nice places to live.