H.R. 2725, also known as the "Affordable Housing Credit Improvement Act of 2025," seeks to amend the Internal Revenue Code of 1986 to enhance the low-income housing credit. The bill outlines reforms to state allocation formulas, tenant eligibility, credit eligibility, and more, aiming to...
Simple Explanation
H.R. 2725 is a bill that wants to help more people find nice places to live by changing some rules about how homes for families with less money are made and who can live in them. It also aims to make building these homes fairer for everyone and protect people who need extra help, like those who were hurt by someone they live with.