,i  #aaeth ,,congress  #ast ,session    
,h4 ,r4 #dceh  ,,in ,,the ,,house ,,of  
,,representatives  ,november #i1        
#bjag,mr4 ,lewis of ,georgia introduced 
the following bill2 which was referred  
to the ,committee on ,ways and ,means   
,a ,,bill  ,to require the ,commissioner
 of ,internal ,revenue to report on     
applications for tax credits under the  
low-income housing tax credit program   
that1 in the preceding fiscal year1 were
 approved but not allocated4  #a4 ,short
 title ,this ,act may be cited as the   
,missed ,opportunities in ,low ,income  
,housing ,act of #bjag4  #b4 ,report on 
applications for low-income housing tax 
credit program that were approved but   
not allocated  7a7 ,in general ,not     
later than ,december #ca of each fiscal 
year1 the ,commissioner of the ,internal
 ,revenue ,service shall submit a report
 to the ,congress on applications for   
tax credits under the low-income housing
 tax credit program that1 in the        
preceding fiscal year1 were approved but

 not allocated credits4  7b7 ,contents  
,each report required by subsection 7a7 
shall specify each of the following3    
7#a7 ,the number of applications for tax
 credits under the low-income housing   
tax credit program that were approved by
 ,state ,housing ,finance ,agencies but 
not allocated credits4  7#b7 ,the total 
number of apartment buildings1 apartment
 units1 single family dwellings1        
duplexes1 and townhouses proposed in    
applications that were approved by      
,state ,housing ,finance ,agencies but  
did not receive an allocation of        
low-income housing tax credit program   
credits4  7#c7 ,the total number of     
people who could have taken residency in
 units proposed by approved applications
 that did not receive tax credits4  7c7 
,definitions ,in this ,act3 7#a7 ,the   
term low-income housing tax credit      
program means the low-income housing tax
 credit program as authorized under     
section #beb of the ,tax ,reform ,act of
 #aihf to provide an incentive for the  

development and rehabilitation of       
affordable rental housing4