Legis Daily

DASH Act

USA118th CongressS-680| Senate 
| Updated: 3/7/2023
Ron Wyden

Ron Wyden

Democratic Senator

Oregon

Finance Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Decent, Affordable, Safe Housing for all Act or the DASH Act This bill provides grants, loans, tax credits, and other assistance to promote the building, maintenance, and affordability of housing. Specifically, the bill requires the Department of Housing and Urban Development to (1) provide housing vouchers to individuals and families experiencing or at risk of experiencing homelessness, (2) provide grants for the modular construction of affordable housing, (3) propose a new formula for distribution of Housing Trust Fund amounts, and (4) encourage zoning and community planning methods that promote multi-family housing. The bill also makes permanent certain homeless assistance programs. The Department of Agriculture (USDA) must provide additional grants and loans to construct or preserve affordable housing for farm laborers and may provide rural housing vouchers for low-income households residing in certain properties financed with a loan made or insured by USDA. The bill also provides statutory authority for a program to preserve and revitalize USDA-backed housing projects, including by restructuring existing housing loans. The bill expands the Low-Income Housing Tax Credit (LIHTC), including by increasing the credit for projects serving extremely low-income households. Further, the bill creates a refundable tax credit for participating owners of rental buildings who lower rents for their low-income tenants. The bill also creates a tax credit similar to the LIHTC for the development of housing for middle-income households and provides a tax credit of up to $15,000 for first-time homebuyers.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline

Bill from Previous Congress

S 117-2820
DASH Act
Mar 7, 2023
Introduced in Senate
Mar 7, 2023
Read twice and referred to the Committee on Finance.
Dec 17, 2024

Latest Companion Bill Action

HR 118-6970
Referred to the Subcommittee on Work and Welfare.
  • Bill from Previous Congress

    S 117-2820
    DASH Act


  • March 7, 2023
    Introduced in Senate


  • March 7, 2023
    Read twice and referred to the Committee on Finance.


  • December 17, 2024

    Latest Companion Bill Action

    HR 118-6970
    Referred to the Subcommittee on Work and Welfare.

Housing and Community Development

Related Bills

  • HR 118-6970: DASH Act
  • S 118-657: Neighborhood Homes Investment Act
Building constructionBusiness investment and capitalCapital gains taxEconomic developmentEconomic performance and conditionsGovernment information and archivesGovernment studies and investigationsHomelessness and emergency shelterHousing and community development fundingHousing finance and home ownershipHousing supply and affordabilityIncome tax creditsIndian social and development programsInflation and pricesLandlord and tenantLow- and moderate-income housingPublic housingReal estate businessResidential rehabilitation and home repairSecuritiesSmall businessState and local government operationsTax administration and collection, taxpayers

DASH Act

USA118th CongressS-680| Senate 
| Updated: 3/7/2023
Decent, Affordable, Safe Housing for all Act or the DASH Act This bill provides grants, loans, tax credits, and other assistance to promote the building, maintenance, and affordability of housing. Specifically, the bill requires the Department of Housing and Urban Development to (1) provide housing vouchers to individuals and families experiencing or at risk of experiencing homelessness, (2) provide grants for the modular construction of affordable housing, (3) propose a new formula for distribution of Housing Trust Fund amounts, and (4) encourage zoning and community planning methods that promote multi-family housing. The bill also makes permanent certain homeless assistance programs. The Department of Agriculture (USDA) must provide additional grants and loans to construct or preserve affordable housing for farm laborers and may provide rural housing vouchers for low-income households residing in certain properties financed with a loan made or insured by USDA. The bill also provides statutory authority for a program to preserve and revitalize USDA-backed housing projects, including by restructuring existing housing loans. The bill expands the Low-Income Housing Tax Credit (LIHTC), including by increasing the credit for projects serving extremely low-income households. Further, the bill creates a refundable tax credit for participating owners of rental buildings who lower rents for their low-income tenants. The bill also creates a tax credit similar to the LIHTC for the development of housing for middle-income households and provides a tax credit of up to $15,000 for first-time homebuyers.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline

Bill from Previous Congress

S 117-2820
DASH Act
Mar 7, 2023
Introduced in Senate
Mar 7, 2023
Read twice and referred to the Committee on Finance.
Dec 17, 2024

Latest Companion Bill Action

HR 118-6970
Referred to the Subcommittee on Work and Welfare.
  • Bill from Previous Congress

    S 117-2820
    DASH Act


  • March 7, 2023
    Introduced in Senate


  • March 7, 2023
    Read twice and referred to the Committee on Finance.


  • December 17, 2024

    Latest Companion Bill Action

    HR 118-6970
    Referred to the Subcommittee on Work and Welfare.
Ron Wyden

Ron Wyden

Democratic Senator

Oregon

Finance Committee

Housing and Community Development

Related Bills

  • HR 118-6970: DASH Act
  • S 118-657: Neighborhood Homes Investment Act
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Building constructionBusiness investment and capitalCapital gains taxEconomic developmentEconomic performance and conditionsGovernment information and archivesGovernment studies and investigationsHomelessness and emergency shelterHousing and community development fundingHousing finance and home ownershipHousing supply and affordabilityIncome tax creditsIndian social and development programsInflation and pricesLandlord and tenantLow- and moderate-income housingPublic housingReal estate businessResidential rehabilitation and home repairSecuritiesSmall businessState and local government operationsTax administration and collection, taxpayers