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H.R. 2725: Affordable Housing Credit Improvement Act of 2025

The Affordable Housing Credit Improvement Act of 2025 seeks to improve the system that provides tax credits for low-income housing by making several key amendments to the Internal Revenue Code. The main objectives of the bill include:

Enhanced State Allocations

The bill proposes to increase the allocations of low-income housing credits to states. This is intended to boost the availability of funding for affordable housing projects across the country.

Tenant Eligibility Rules

Improvements to tenant eligibility rules are also included in the bill. These changes aim to ensure that affordable housing is accessible to a broader range of low-income individuals, thereby supporting a more inclusive community.

Project Financing

The legislation focuses on project financing parameters, which will allow projects to be more effectively funded. This includes measures that can facilitate the financing of housing projects specifically targeting extremely low-income households.

Protection for Domestic Violence Victims

One significant aspect of the bill is its emphasis on protections for victims of domestic violence. The provisions aim to ensure that these individuals have access to housing and are not discriminated against due to their circumstances.

Increased Housing Credit for Certain Projects

Additionally, Section 42(d) of the Internal Revenue Code is set to be amended, allowing for an increased tax credit for projects that dedicate 20% of their residential units to households with incomes below 30% of the median income. This change is applicable to allocations made after the bill's enactment and to obligations occurring after 2025.

The bill, as a whole, is designed to strengthen the framework of the low-income housing credit system, ensuring that more affordable housing options are available to various segments of the low-income population, particularly focusing on those with the greatest need.

Relevant Companies

TCP: TCP is a construction and project management company that could benefit from increased housing projects funded by the expanded tax credits.
PHM: PulteGroup, Inc. might see impacts as it engages in homebuilding and development, particularly in the affordable housing sector.

This is an AI-generated summary of the bill text. There may be mistakes.

Actions

2 actions

Date	Action
Apr. 08, 2025	Introduced in House
Apr. 08, 2025	Referred to the House Committee on Ways and Means.

Corporate Lobbying

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Potentially Relevant Congressional Stock Trades

Estimated excess return of the underlying stock since the transaction

Politician	Stock	Transaction	Filed	Traded
Jefferson Shreve R / House	PHM PULTEGROUP, INC. COMMON STOCK	Purchase $15,001 - $50,000	Mar 09, 2025	Feb 24, 2025	+8.01%
Tommy Tuberville R / Senate	PHM PulteGroup, Inc. Common Stock	Sale (Full) $1,001 - $15,000	May 15, 2024	Apr 04, 2024	-17.85%
Tommy Tuberville R / Senate	PHM PulteGroup, Inc. Common Stock	Purchase $1,001 - $15,000	Nov 16, 2023	Oct 17, 2023	+12.34%