Collegiate Housing and Infrastructure Act of 2023

This bill amends the tax code to allow charitable organizations to provide grants for college housing improvements without losing their tax-exempt status. Specifically, it clarifies that grants for capital improvements to dormitories or residential facilities (like building, repairing, or maintaining student housing) qualify as charitable under IRS rules, as long as the property is primarily for full-time students. It excludes grants for fitness facilities from this provision. The bill directly affects tax-exempt charities making such grants and the colleges or universities operating student housing properties.