DASH Act
The source supplies the latest action, but no lifecycle stage.
Latest action (17 Dec 2024): Referred to the Subcommittee on Work and Welfare.
What this bill does
H.R. 6970, the Decent, Affordable, Safe Housing for All Act (DASH Act), aims to increase the availability and affordability of housing through various federal programs. The bill would direct the Department of Housing and Urban Development (HUD) to provide housing vouchers for individuals and families experiencing or at risk of homelessness. It also proposes grants for modular construction of affordable housing, a new formula for distributing Housing Trust Fund money, and encourages planning methods that support multi-family housing. Additionally, the bill makes certain homeless assistance programs permanent.
The Department of Agriculture would be tasked with providing grants and loans for affordable housing for farm laborers and could offer rural housing vouchers. The bill also modifies and expands the Low-Income Housing Tax Credit (LIHTC) for projects serving low-income households. Furthermore, it establishes a refundable tax credit for landlords who reduce rents for low-income tenants, a new tax credit for middle-income housing, and a tax credit of up to $15,000 for first-time homebuyers.
This bill was introduced in the House of Representatives on January 11, 2024, and has been referred to the Committee on Ways and Means and the Committee on Financial Services. As an introduced bill, it has not yet been passed by either chamber of Congress. If it moves forward, it would require further committee review, potential amendments, and votes in both the House and the Senate before it could be sent to the President for signature or veto.
Plain-English summary generated by Bill100 AI from the official record. Always verify against the source below.
Official summary
Decent, Affordable, Safe Housing for all Act or the DASH Act
This bill provides grants, loans, tax credits, and other assistance to promote the building, maintenance, and affordability of housing. Specifically, the bill requires the Department of Housing and Urban Development to (1) provide housing vouchers to individuals and families experiencing or at risk of experiencing homelessness, (2) provide grants for the modular construction of affordable housing, (3) propose a new formula for distribution of Housing Trust Fund amounts, and (4) encourage zoning and community planning methods that promote multi-family housing. The bill also makes permanent certain homeless assistance programs.
The Department of Agriculture (USDA) must provide additional grants and loans to construct or preserve affordable housing for farm laborers and may provide rural housing vouchers for low-income households residing in certain properties financed with a loan made or insured by USDA. The bill also provides statutory authority for a program to preserve and revitalize USDA-backed housing projects, including by restructuring existing housing loans.
The bill expands the Low-Income Housing Tax Credit (LIHTC), including by increasing the credit for projects serving extremely low-income households. Further, the bill creates a refundable tax credit for participating owners of rental buildings who lower rents for their low-income tenants. The bill also creates a tax credit similar to the LIHTC for the development of housing for middle-income households and provides a tax credit of up to $15,000 for first-time homebuyers.
Timeline
17 Dec 2024
Referred to the Subcommittee on Work and Welfare.
Common questions
- What does H.R. 6970 do?
- H.R. 6970, the Decent, Affordable, Safe Housing for All Act (DASH Act), aims to increase the availability and affordability of housing through various federal programs. The bill would direct the Department of Housing and Urban Development (HUD) to provide housing vouchers for individuals and families experiencing or at risk of homelessness. It also proposes grants for modular construction of affordable housing, a new formula for distributing Housing Trust Fund money, and encourages planning methods that support multi-family housing. Additionally, the bill makes certain homeless assistance programs permanent. The Department of Agriculture would be tasked with providing grants and loans for affordable housing for farm laborers and could offer rural housing vouchers. The bill also modifies and expands the Low-Income Housing Tax Credit (LIHTC) for projects serving low-income households. Furthermore, it establishes a refundable tax credit for landlords who reduce rents for low-income tenants, a new tax credit for middle-income housing, and a tax credit of up to $15,000 for first-time homebuyers. This bill was introduced in the House of Representatives on January 11, 2024, and has been referred to the Committee on Ways and Means and the Committee on Financial Services. As an introduced bill, it has not yet been passed by either chamber of Congress. If it moves forward, it would require further committee review, potential amendments, and votes in both the House and the Senate before it could be sent to the President for signature or veto.
- Has H.R. 6970 become law?
- The source does not supply a confirmed lifecycle stage for H.R. 6970. Check the latest action and official source below.
- Who sponsored H.R. 6970?
- H.R. 6970 was sponsored by Rep. Hoyle, Val T. [D-OR-4] (D-OR), with 1 cosponsor.
- What's the latest action on H.R. 6970?
- Referred to the Subcommittee on Work and Welfare. (17 Dec 2024).
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DASH Act
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