S 1686
Neighborhood Homes Investment Act
Jurisdiction
US Congress
Session
119th Congress (2025-2026)
Last updated at
Jun 14, 2026, 8:35 AM
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Sign in to take action- Introduced
- Passed Senate
- Passed House
- To President
- Became Law
Bill overview
The Neighborhood Homes Investment Act aims to address the shortage of affordable housing in the United States by creating a tax credit for neighborhood revitalization. This credit incentivizes the construction and rehabilitation of homes in distressed communities, particularly in rural and urban areas, and prioritizes projects that benefit low-income and vulnerable populations. The bill establishes a ‘neighborhood homes credit’ that can cover development costs and sales prices, subject to certain limitations and eligibility requirements, and includes provisions for allocating funds and ensuring equitable distribution across states.
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