INCREASE Housing Affordability Act
Cosponsors (4)
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 →
ASSUMING FIRST SPONSORHSIP - Mr. Magaziner asked unanimous consent that he may be hereafter be considered as the first sponsor of H.R. 537, a bill originally introduced by Representative Sherrill, for the purpose of adding cosponsors and requesting reprintings pursuant to clause 7 of rule XII. Agreed to without objection.
2026-03-05
Source: Congress.gov
Committee Activity
Currently in
- House Committee on Financial ServicesReferred To · 2025-01-16
- House Committee on Ways and MeansReferred To · 2025-01-16
Plain-English Summary
The bill would likely use tax policy changes to make housing more affordable for renters and homebuyers, though the specific tax measures aren't detailed in the available information. Based on its title and tax focus, it probably proposes tax credits, deductions, or other financial incentives to help lower-income people afford housing or to encourage construction of affordable homes. The bill is still in early stages and hasn't yet been formally debated or voted on.
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.