H.R. 5137 · 109th Congress
Workforce Housing Act of 2006
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Never voted on. It didn't reach a floor vote before the 109th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
HastingsSponsor4 cosponsors · 4 D
0 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Workforce Housing Act of 2006 - Amends the Internal Revenue Code to: (1) allow as a deduction from gross income any cash payments to a mortgage down payment account; and (2) establish a refundable tax credit for contributions to mortgage down payment accounts.
What it does: CRS summary · Introduced in House · Apr 6, 2006
Workforce Housing Act of 2006 - Amends the Internal Revenue Code to: (1) allow as a deduction from gross income any cash payments to a mortgage down payment account; and (2) establish a refundable tax credit for contributions to mortgage down payment accounts.
Amends the Cranston-Gonzalez National Affordable Housing Act to establish home ownership counseling as a prerequisite to downpayment assistance under the Act.
Directs the Secretary of Housing and Urban Development to make grants to local governments to provide financial assistance to developers for the production of housing for home ownership affordable to low- and moderate-income families.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Workforce Housing Act of 2006
Latest action (Apr 6, 2006): Referred to the Committee on Ways and Means, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Policy area: Housing and Community Development · Origin: House · Introduced: Apr 6, 2006
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.