HR2854Referred to Committee

Neighborhood Homes Investment Act

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Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2025-04-10
Introduced
69
Cosponsors
HR
ⓘ
Type

Sponsor

Mike Kelly
Mike Kelly
Republican · PA · Representative
Votes with party: 98.5% (548 recorded votes)

Full profile: /officials/K000376

Source: Congress.gov · FEC

Cosponsors (69)

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.

2025-04-10

Source: Congress.gov

Committee Activity

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Previously

Plain-English Summary

This bill would likely create tax incentives or credits to encourage investment in residential housing in underserved neighborhoods, making it easier and cheaper for developers and investors to build or renovate homes in lower-income areas. The goal would be to increase affordable housing availability and neighborhood revitalization while giving investors financial benefits through the tax code. Homebuyers, renters, developers, and communities with housing shortages would be the main groups affected.

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.