H.R. 893, known as the "Working Families Housing Tax Credit Act," aims to amend the Internal Revenue Code to offer tax credits for developing housing for working families, such as teachers, firefighters, and veterans. The bill sets out criteria and establishes guidelines for qualifying...
Simple Explanation
H.R. 893 is a plan to give special money bonuses to people who build homes for workers like teachers and firefighters, making it cheaper for them to live. It also sets aside extra money to help build roads and other important things near these homes, especially in countryside areas.