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Affordable Housing Equity Act of 2025

6/30/2025, 6:04 PM

Summary of Bill HR 3964

The bill labeled H.R. 3964 in the 119th Congress, introduced on June 12, 2025, aims to amend the Internal Revenue Code of 1986 to raise the low-income housing tax credit specifically for projects intended to cater to extremely low-income households.

Current Status of Bill HR 3964

Bill HR 3964 is currently in the status of Bill Introduced since June 12, 2025. Bill HR 3964 was introduced during Congress 119 and was introduced to the House on June 12, 2025.  Bill HR 3964's most recent activity was Referred to the House Committee on Ways and Means. as of June 12, 2025

Bipartisan Support of Bill HR 3964

Total Number of Sponsors
3
Democrat Sponsors
3
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
1
Democrat Cosponsors
1
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 3964

Primary Policy Focus

Taxation

Alternate Title(s) of Bill HR 3964

To amend the Internal Revenue Code of 1986 to increase the low-income housing tax credit for projects designated to serve extremely low-income households.
To amend the Internal Revenue Code of 1986 to increase the low-income housing tax credit for projects designated to serve extremely low-income households.

Comments

Valeria Lewis profile image

Valeria Lewis

563

7 months ago

OMG this new bill about housing is like so confusing! I heard that it's supposed to help with affordable housing but I don't really get how. Like, will it actually make a difference for people like me who are struggling to find a place to live? Who even benefits from this bill anyway? #confused #help