Bill117th CongressFiled May 11, 2022Housing and Community Development
S. 4181
LIFELINE Act
Bill journey · stage 2 of 5
Under committee review
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CommitteeComm.
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Both ChambersBoth
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What it doesSummary introduced in senate (May 11, 2022)
LIHTC Financing Enabling Long-term Investment in Neighborhood Excellence Act or the LIFELINE Act
This bill permits states, territories, or tribal governments to use State and Local Fiscal Recovery Funds to finance qualified low-income housing projects (i.e., projects for residential rental property meeting certain income tests) with loans obligated by December 31, 2024, and having maturities of 30 or more years.
What just happenedMay 11, 2022
Read twice and referred to the Committee on Finance.
Who’s behind it
Sen. Leahy, Patrick J. [D-VT](D-VT)Sponsor
12 cosponsors9 D1 R2 I
12cosponsors1committees2actions1related bills12subjects
- Introduced in SenateMay 11, 2022
- May 11, 2022IntroReferral
Read twice and referred to the Committee on Finance.
Finance Committee - May 11, 2022IntroReferral10000
Introduced in Senate