LIFELINE Act
Summary
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.
Bill status
in committee
1 of 4 stages cleared
Introduction
Mar 2022
Committee Review
Floor Vote
President
Introduced Mar 15, 2022
Last action Mar 15, 2022
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Mar 15, 2022
Committee
Referred to the House Committee on Oversight and Reform.
lower
Mar 15, 2022
Introduced
Introduced in House
lower
1 primary · 44 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Alma S. Adams
DDemocratic
Co
Adam B. Schiff
DDemocratic
Co
Al Green
DDemocratic
Co
Al Lawson, Jr.
DDemocratic
Co
André Carson
DDemocratic
Co
Ann M. Kuster
DDemocratic
Co
Barbara Lee
DDemocratic
Co
Brad Sherman
DDemocratic
Co
Brian K. Fitzpatrick
RRepublican
Co
Carolyn B. Maloney
DDemocratic
Co
Chellie Pingree
DDemocratic
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