To amend section 102(a)(20) of the Housing and Community Development Act of 1974 to require the exclusion of service-connected disability compensation when determining whether a person is a person of low and moderate income, a person of low income, or a person of moderate income, and for other purposes.

Referred to the House Committee on Financial Services.

Bill 119 hr 224 aims to amend a section of the Housing and Community Development Act of 1974. Specifically, it seeks to require the exclusion of service-connected disability compensation when determining whether an individual falls under the categories of low and moderate income, low income, or moderate income. This change would ensure that individuals receiving service-connected disability compensation are not unfairly categorized as having higher income levels than they actually do. The bill also addresses other related purposes within the realm of housing and community development.