To amend the Internal Revenue Code of 1986 to modify the low-income housing credit basis limitation rules in the case of the acquisition of an existing building.
Affordable Housing Opportunities for Utilization, Sustainment, and Expansion Act of 2021 or the Affordable HOUSE Act of 2021
This bill modifies the low-income housing tax credit basis limitation rules applicable to the acquisition of buildings in service within the previous 10 years.
Referred to the House Committee on Ways and Means.
Read twice and referred to the Committee on Finance.
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
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