Bill · H.R. 3964· House(119-HR-3964)
Affordable Housing Equity Act of 2025
- Introduced
- 6/12/2025
- Last activity
- 6/12/2025 — Referred to the House Committee on Ways and Means.
- Sponsored by
- Jimmy Gomez
- Cosponsors
- - 2 - 0
- Introduced
- In Committee
What this bill would do
This bill, known as the "Affordable Housing Equity Act of 2025," seeks to amend the Internal Revenue Code of 1986. It specifically focuses on increasing the low-income housing tax credit for certain projects. This increase targets buildings where a significant portion of units are designated for extremely low-income households. The bill applies to buildings where a housing credit agency determines the increase is necessary for financial feasibility. These changes would take effect for buildings receiving credit allocations after the act is enacted or for specific obligations after December 31, 2025.
Yes· 3 of 4
Would households on low incomes be better off under this?+8
The bill directly increases support for households with very low incomes by incentivizing affordable housing projects.
Does this make housing cost less?+7
The bill increases tax credits specifically to make housing projects for extremely low-income households more financially feasible.
Is this likely to lift people out of poverty?+5
By increasing the availability of housing for those at or near the federal poverty line, it provides essential support for poverty reduction.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
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Increased support for extremely low-income households: The bill increases the eligible basis to 150 percent for portions of a building comprised of units designated for households with aggregate incomes that do not exceed 30 percent of area median gross income or 100 percent of the Federal poverty line (Section 2(a)).
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Improved financial feasibility for housing projects: The credit increase is intended for buildings that the housing credit agency designates as requiring the extra credit to be financially feasible as part of a qualified low-income housing project (Section 2(a)(ii)).
Potential Negative Impacts for People
- No negative impacts or burdens are explicitly stated in the provided text.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Social Issues And Justice
- Improves Affordable Housing+7Improves Poverty Reduction+5Reduces Homelessness+4
- Demographic And Interest Groups
- Good For Low Income Households+8
- 10/6/2026
- 1 Cosponsor added.
- 6/12/2025
- Referred to the House Committee on Ways and Means.
- 1 Cosponsor added.
- Introduced in House
4 bills Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.
Suzan DelBeneDemocrat · Washington
Emilia SykesDemocrat · Ohio