Bill117th CongressFiled Mar 15, 2022Housing and Community Development
H.R. 7078
LIFELINE Act
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in house (Mar 15, 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 happenedMar 15, 2022
Referred to the House Committee on Oversight and Reform.
Who’s behind it
Rep. Adams, Alma S. [D-NC-12](D-NC)Sponsor
44 cosponsors39 D5 R
44cosponsors1committees3actions1related bills11subjects
- Introduced in HouseMar 15, 2022
- Mar 15, 2022IntroReferralH11100
Referred to the House Committee on Oversight and Reform.
Oversight and Accountability Committee - Mar 15, 2022IntroReferralIntro-H
Introduced in House
- Mar 15, 2022IntroReferral1000
Introduced in House