HR 4572
Save Affordable Housing Act of 2025
Jurisdiction
US Congress
Session
119th Congress (2025-2026)
Last updated at
Jun 14, 2026, 4:34 AM
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- Passed House
- Passed Senate
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- Became Law
Bill overview
The Save Affordable Housing Act of 2025 aims to preserve existing affordable housing projects by repealing a provision in the Internal Revenue Code that limited the use of the low-income housing credit for certain types of contracts. Specifically, the bill protects buildings that received their initial housing credit allocation before January 1, 2025, or those partially financed with tax-exempt bonds prior to that date, ensuring continued eligibility for the credit. It also modifies how existing projects are valued for tax purposes, prioritizing the low-income portion of the building. This legislation seeks to stabilize the affordable housing market and prevent the loss of established projects.
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