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.

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Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 15 July 2022

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• Introduced in House (PDF)

  Introduced in House · EN · 15 July 2022

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• Introduced in House

  summary · EN · 15 July 2022

  Open at official source

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