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Opportunity Starts At Home Act
2/8/2022, 11:16 PM
Congressional Summary of HR 7351
Opportunity Starts At Home Act
This bill allows a new tax credit for contributions to a reserve fund for low-income housing supportive services. These services include health services, job training, financial counseling, and resident engagement services and are provided at no cost to tenants of a qualified low-income building.
Read the Full Bill
Current Status of Bill HR 7351
Bill HR 7351 is currently in the status of Bill Introduced since June 25, 2020. Bill HR 7351 was introduced during Congress 116 and was introduced to the House on June 25, 2020. Bill HR 7351's most recent activity was Referred to the House Committee on Ways and Means. as of June 25, 2020
Bipartisan Support of Bill HR 7351
Total Number of Sponsors
1Democrat Sponsors
1Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
4Democrat Cosponsors
4Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 7351
Primary Policy Focus
TaxationPotential Impact Areas
- Housing industry and standards
- Income tax credits
- Income tax exclusion
- Landlord and tenant
- Low- and moderate-income housing
Alternate Title(s) of Bill HR 7351
Opportunity Starts At Home Act
To amend the Internal Revenue Code of 1986 to provide a credit for low-income housing supportive services.
Opportunity Starts At Home Act
Comments
Sponsors and Cosponsors of HR 7351
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