Collegiate Housing and Infrastructure Act of 2023

This bill amends tax law to allow charitable organizations to fund collegiate housing projects without losing their tax-exempt status. Specifically, it permits 501(c)(3) charities to make grants for building, improving, or maintaining housing properties where full-time students live, as long as the housing is connected to a college or university. Grants cannot fund fitness facilities, and the bill clarifies that housing must primarily serve students (not incidental social activities). It directly affects charitable organizations and universities seeking tax-qualified funding for student housing infrastructure.