Affordable Housing Incentives Act

Summary

The bill would change the Internal Revenue Code so that owners who sell real estate that will be used as affordable housing can avoid recognizing capital gain at the time of sale. This would affect property owners, developers, and nonprofit groups involved in affordable‑housing projects. By reducing the immediate tax burden, the measure aims to encourage more development of low‑cost housing.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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