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United States · Bill · HR

H.R. 2143 (117th)

Neighborhood Homes Investment Act

referredUnited States· United States Congress· EN

Introduced

23 March 2021

Last action

23 March 2021 · Introduced

Status

Referred to the House Committee on Ways and Means.

Sponsors

Rep. Higgins, Brian [D-NY-26], Rep. Kelly, Mike [R-PA-16], Rep. Kaptur, Marcy [D-OH-9], Rep. Fitzpatrick, Brian K. [R-PA-1], Rep. Beatty, Joyce [D-OH-3], Sen. Kim, Andy [D-NJ], Rep. Sewell, Terri A. [D-AL-7], Rep. García, Jesús G. "Chuy" [D-IL-4], Rep. Courtney, Joe [D-CT-2], Rep. Mfume, Kweisi [D-MD-7], Rep. Omar, Ilhan [D-MN-5], Rep. Swalwell, Eric [D-CA-15], Rep. LaHood, Darin [R-IL-16], Rep. Walorski, Jackie [R-IN-2], Rep. Stivers, Steve [R-OH-15], Rep. Larson, John B. [D-CT-1], Anthony Gonzalez, Rep. Bacon, Don [R-NE-2], Rep. Van Drew, Jefferson [R-NJ-2], Rep. Katko, John [R-NY-24], Rep. Stauber, Pete [R-MN-8], Rep. McCollum, Betty [D-MN-4], Rep. Upton, Fred [R-MI-6], Rep. Malliotakis, Nicole [R-NY-11], Rep. Kelly, Robin L. [D-IL-2], Rep. Roybal-Allard, Lucille [D-CA-40], Rep. Aguilar, Pete [D-CA-33], Rep. Kustoff, David [R-TN-8], Rep. Bishop, Sanford D. [D-GA-2], Rep. McCaul, Michael T. [R-TX-10], Rep. Doyle, Michael F. [D-PA-14], Rep. Evans, Dwight [D-PA-3], Sen. Schiff, Adam B. [D-CA], Rep. Soto, Darren [D-FL-9], David Scott, Rep. Mooney, Alexander X. [R-WV-2], Rep. McBath, Lucy [D-GA-6], Rep. Lawson, Al, Jr. [D-FL-5], Rep. Wittman, Robert J. [R-VA-1], Rep. Huffman, Jared [D-CA-2], Rep. Trahan, Lori [D-MA-3], Rep. DeGette, Diana [D-CO-1], Rep. Axne, Cynthia [D-IA-3], Rep. Smucker, Lloyd [R-PA-11], Rep. Garamendi, John [D-CA-8], Rep. Herrera Beutler, Jaime [R-WA-3], Sen. Gallego, Ruben [D-AZ], Rep. McKinley, David B. [R-WV-1]

Subjects

Environment, Housing, Taxation

Source updated

5 December 2025

Environment · Housing · Taxation

Official sourceDownload fileView documentsShare

Summary

Neighborhood Homes Investment Act This bill establishes a new business-related tax credit to finance home building and rehabilitation in neighborhoods that meet certain eligibility criteria relating to poverty rates, income, and home values. The credit is limited to 35% of the lesser of the qualified development cost (i.e., the cost of construction, substantial rehabilitation, demolition, and environmental remediation of residential properties) or 80% of the national median sale price for new homes. The credit applies to single family homes containing four or fewer residential units, condominiums, or houses or apartments owned by cooperative housing corporations.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 23 March 2021

    Introduced

    Referred to the House Committee on Ways and Means.

    Source: IntroReferral

  2. 23 March 2021

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 23 March 2021

    Introduced

    Introduced in House

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN · 23 March 2021

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  • Introduced in House (PDF)

    Introduced in House · EN · 23 March 2021

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 23 March 2021

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Sponsors

Showing 48 of 110 sponsors and actors.

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Sources

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