The bill, H.R. 9380, known as the "Working Families Housing Tax Credit Act," aims to amend the Internal Revenue Code to provide tax credits for developing housing for working families in the United States. It introduces a new section, 42A, which details the criteria and...
Simple Explanation
The bill helps people build homes for workers like teachers and firefighters by giving money support and tax breaks, so they have nice places to live. It also makes sure these homes use clean energy and live in areas with good transportation.