Search Results: keywords:"working families housing tax credit"

  • H. R. 893 — To amend the Internal Revenue Code of 1986 to provide a credit for working families housing development, and for other purposes.
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    Status:Introduced in House
    Words:16,266

    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.

  • H. R. 9380 — To amend the Internal Revenue Code of 1986 to provide a credit for working families housing development, and for other purposes.
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    Status:Introduced in House
    Words:16,266

    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.