HR 8401 United States House · 117th Congress

Transit Oriented Development Act of 2022

Summary
Transit Oriented Development Act of 2022 This bill increases the low-income housing tax credit for buildings in transit-oriented development areas. The bill defines a transit-oriented development area as a designated area located within 1/2 mile from a rail, bus, harbor, or waterway station and zoned for high density. It also provides for an increase in the credit for buildings in high cost areas in non-contiguous states (i.e., Alaska and Hawaii) and U.S. possessions. The bill directs the Department of Housing and Urban Development to study cost-of-living differences throughout the United States based on geographic location and proximity and accessibility to transit.
Bill status in committee 1 of 4 stages cleared
Introduction
Jul 2022
Committee Review
Floor Vote
President
Introduced Jul 15, 2022 Last action Jul 15, 2022
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Full legislative history

Actions timeline

Total actions
2
Key actions
0
Committee
1
Jul 15, 2022
Committee
Referred to the House Committee on Ways and Means.
lower
Jul 15, 2022
Introduced
Introduced in House
lower
1 primary · 1 co-sponsor

Sponsors