HR 8969
Transportation Oriented Development Act of 2020
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- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
This bill, the Transportation Oriented Development Act of 2020, aims to encourage affordable housing development near public transportation. It increases the amount of the Low-Income Housing Tax Credit for buildings located within a quarter-mile radius of rail, bus, harbor, or waterway stations, provided they are in high-density zones. The bill also directs the Department of Housing and Urban Development to study cost-of-living differences related to transit access and recommend adjustments to housing credit allocations.
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Primary sponsor
Tulsi Gabbard
Cosponsor
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