This legislative proposal seeks to amend the Internal Revenue Code of 1986 by modifying how income is determined for specific housing programs. Its primary purpose is to ensure that veteran disability compensation or pension payments are not counted as income for these purposes. Specifically, the bill mandates that payments received by veterans under chapters 11 or 15 of title 38, United States Code, will be disregarded when assessing eligibility for the low-income housing tax credit and for projects financed by qualified residential rental project bonds . This change aims to improve access to affordable housing for disabled veterans by preventing their disability benefits from disqualifying them from these critical housing assistance programs.