HR7414Referred to Committee

Affordable Housing Bond Enhancement Act

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Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2026-02-09
Introduced
2
Cosponsors
HR
ⓘ
Type

Sponsor

Rudy Yakym III
Rudy Yakym III
Republican · IN · Representative
Votes with party: 99.2% (654 recorded votes)

Full profile: /officials/Y000067

Source: Congress.gov · FEC

Cosponsors (2)

Members who have signed on to support this bill since introduction. Source: Congress.gov.

Latest Action

The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →

Referred to the House Committee on Ways and Means.

2026-02-09

Source: Congress.gov

Committee Activity

Currently in

Previously

Plain-English Summary

This bill would likely create or expand tax-advantaged bonds that help fund affordable housing projects, making it cheaper for developers and nonprofits to build or renovate homes for lower-income families. By offering tax breaks to investors who buy these bonds, the government encourages private money to flow toward affordable housing without directly spending taxpayer dollars. The policy would primarily affect real estate developers, housing nonprofits, and investors looking for tax-advantaged investments.

AI-assisted summary generated from the official bill metadata (title, subjects, actions) sourced from Congress.gov. Cached and reviewed. Always verify against the official text linked below.

Subjects

Taxation
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Related legislation

Bills by the same sponsor or covering overlapping subjects.