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S1686Referred to Committee

Neighborhood Homes Investment Act

Share:
Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2025-05-08
Introduced
9
Cosponsors
S
ⓘ
Type

Sponsor

Todd Young
Todd Young
Republican · IN · Senator
Votes with party: 75.4% (882 recorded votes)

Full profile: /officials/Y000064

Source: Congress.gov · FEC

Cosponsors (9)

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

9 cosponsors on record at Congress.gov. The named list is syncing into Govwatch and will appear here shortly — view on Congress.gov in the meantime.

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 →

Read twice and referred to the Committee on Finance.

2025-05-08

Source: Congress.gov

Committee Activity

Currently in

  • Senate Committee on FinanceReferred To · 2025-05-08

Plain-English Summary

The proposal would create tax incentives to encourage investment in affordable housing development in lower-income neighborhoods, likely through tax credits or deductions for developers and investors who build or rehabilitate homes in these areas. This would affect real estate developers, investors, and potentially homebuyers seeking affordable properties in targeted communities. The goal is to increase the supply of affordable housing while stimulating economic development in neighborhoods that need it most.

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
Full bill text is not yet cached locally.
Open text viewRead on Congress.gov

Related legislation

Bills by the same sponsor or covering overlapping subjects.

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    Reported by Committee · 2026-08-05
  • S5198Build to Scale Reauthorization Act of 2026
    Referred to Committee · 2026-07-30
  • S5150SAFE Act
    Referred to Committee · 2026-07-28