A bill to amend the Internal Revenue Code of 1986 to fully allow students to live in units eligible for the low-income housing credit, and for other purposes.

Amends the Internal Revenue Code to allow certain full-time students to live in housing units eligible for the low-income housing tax credit if they are: (1) single parents with children; (2) married and filing a joint return; or (3) adult students fulfilling the requirements for a high school diploma. Exempts any individual under the age of 19 years who attends kindergarten through grade 12 from classification as a full-time student for purposes of the tax credit.