,,ii #aah? ,,congress #a/ ,session ,s4 #acgg ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,april #bg1 #bjbc ,mr4 ,casey 7= himself1 ,ms4 ,duckwor?1 ,mrs4 ,gillibr&1 ,ms4 ,klobu*>1 & ,mr4 ,wel*7 introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,f9ance ,a ,,bill ,to am5d ! ,int]nal ,rev5ue ,code ( #aihf to improve ! l[-income h\s+ cr$it4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,visitable ,inclusive ,tax cr$its = ,accessible ,liv+ 7,,vital7 ,act4 #b4 ,purpose ,! purposes ( ?is ,act are to-- 7#a7 increase l[-income h\s+ tax cr$its to increase ! /ock ( disability-accessible & af=dable h\s+2 7#b7 ensure t ,/ates are us+ ! ,f$]al tax cr$its to con/ruct h\s+ t w meet ! ne$s ( an ag+ population & curr5tly und]s]v$ populations su* z h\seholds ) p ) disabilities2 7#c7 enc\rage ,/ates to make sure old] adults & und]s]v$ populations are integrat$ into _! community & c fully p>ticipate 9 society2 & 7#d7 increase te*nical assi/ance1 aw>5ess1 k1 & und]/&+ ( ! l[-income h\s+ cr$it program & ! h\s+ ne$s ( old] adults & p ) disabilities4 #c4 ,f9d+s ,congress makes ! foll[+ f9d+s3 7#a7 ,by #bjfj1 #a 9 e #d ,am]icans w be ov] age #fe1 & curr5tly1 #b 9 #e adults ov] age #fe h a disability4 ,z p age1 !y ne$ /ructurally safe & functional h\s+ t accommodates p ) disabilities4 7#b7 ,approximately #bf p]c5t ( p 9 ! ,unit$ ,/ates h a disability1 yet less ?an #f p]c5t ( ! national h\s+ supply is design$ to be ev5 rudim5t>ily accessible4 7#c7 ,an accessible home (f]s specific features or te*nologies su* z l[]$ kit*5 c\nt]s & s9ks1 wid5$ doorways1 & z]o-/ep %[]s4 7#d7 ,a lack ( af=dable & accessible h\s+ c relegate p ) disabilities to liv+ 9 in/itutional sett+s :5 !y w\ld pref] to live 9 a community sett+4 7#e7 ,old] adults & p ) disabilities pref] to rema9 9 _! homes = z long z possible4 ,m ?an #hi p]c5t ( adults ag$ #fe & ov] hope to /ay 9 _! homes z !y age4 7#f7 ,old] adults & p ) disabilities mu/ be able to run err&s1 "w1 visit family & fri5ds1 & keep doctor appo9tm5ts1 :ile n always be+ able to drive4 ,accessible & af=dable public transit options & walkable & roll-able neighborhoods all[ old] adults & p ) disabilities to rema9 indep5d5t & active 9 _! communities4 7#g7 ,_m old] adults & p ) disabilities are exp]i5c+ an af=dability crisis4 ,approximately #d1hjj1jjj non-in/itutionaliz$ p ) disabilities :o dep5d on ,f$]al mon?ly ,supplem5tal ,security ,income h incomes av]ag+ only ab\t #i1aef p] ye>1 l[ en\gh to be pric$ out ( e r5tal h\s+ m>ket 9 ! nation4 #d4 ,increases 9 ,/ate allocations 7a7 ,9 g5]al ,clause 7ii7 ( section #db7;h77#c77;,c7 ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$-- 7#a7 by /rik+ #a4ge 9 subclause 7,i7 & ins]t+ #d4dg1 & 7#b7 by /rik+ #b1jjj1jjj 9 subclause 7,,ii7 & ins]t+ #e1aed1ife 4 7b7 ,co/-(-,liv+ adju/m5t ,subp>agraph 7,h7 ( section #db7;h77#c7 ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$-- 7#a7 by /rik+ #bjjb 9 clause 7i7 & ins]t+ #bjbc1 7#b7 by /rik+ ! #b1jjj1jjj & #a4ge am\nts 9 subp>agraph 7,c7 9 clause 7i7 & ins]t+ ! #e1aed1ife & #d4dg am\nts 9 subp>agraph 7,c71 7#c7 by /rik+ #bjja 9 clause 7i77,,ii7 & ins]t+ #bjbb1 7#d7 by /rik+ #b1jjj1jjj am\nt 9 clause 7ii77,i7 & ins]t+ #e1aed1ife1 & 7#e7 by /rik+ #a4ge am\nt 9 clause 7ii77,,ii7 & ins]t+ #d4dg4 7c7 ,effective date ,! am5dm5ts made by ?is section %all apply to cal5d> ye>s beg9n+ aft] ,decemb] #ca1 #bjbc4 #e4 ,tax-exempt bond f9anc+ requirem5t 7a7 ,9 g5]al ,subp>agraph 7,b7 ( section #db7;h77#d7 ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$ by add+ at ! end ! foll[+3 ,9 ! case ( build+s f9anc$ by an obligation fir/ tak5 into acc\nt "u section #adf 9 cal5d> ye>s beg9n+ aft] #bjbc1 ! prec$+ s5t5ce %all be appli$ by sub/itut+ #be p]c5t = #ej p]c5t44 7b7 ,effective date ,! am5dm5t made by ?is section %all apply to build+s plac$ 9 s]vice 9 taxable ye>s beg9n+ aft] ,decemb] #ca1 #bjbc4 #f4 ,increase 9 cr$it = projects designat$ to s]ve h\seholds ) p ) disabilities 7a7 ,9 g5]al ,p>agraph 7#e7 ( section #db7;d7 ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$ by add+ at ! end ! foll[+ new subp>agraph3 7,c7 ,increase 9 cr$it = projects designat$ to s]ve h\seholds ) p ) disabilities 7i7 ,9 g5]al ,9 ! case ( any build+-- 7,i7 #ej p]c5t or m ( ! l[-income units 9 ! build+ are units designat$ by ! taxpay] to meet ! applicable design /&>ds = occupancy by p]sons ) m5tal1 physical1 s5sory1 or developm5tal disabilities1 7,,ii7 :i* is locat$ 9 a c5sus block gr\p designat$ by ! ,environm5tal ,protection ,ag5cy z be+-- 7aa7 above av]age or bett] 9 t]ms ( walkability1 or 7bb7 adjac5t to #b or m c5sus tracts describ$ 9 item 7aa71 & 7,,iii7 :i* is designat$ by ! h\s+ cr$it ag5cy z requir+ ! increase 9 cr$it "u ?is subp>agraph 9 ord] = su* build+ to be f9ancially feasible z "p ( a qualifi$ l[-income h\s+ project1 subp>agraph 7,b7 %all n apply to ! portion ( su* build+ :i* is compris$ ( su* units1 & ! eligible basis ( su* portion ( ! build+ %all be #acj p]c5t ( su* basis det]m9$ )\t reg>d to ?is subp>agraph4 7ii7 ,design /&>ds ,= purposes ( clause 7i77,i71 ! t]m applicable design /&>ds means ! pr9ciples & /&>ds ( adaptable design z detail$ 9 ! ,uni=m ,f$]al ,accessibility ,/&>ds1 or any successor /&>d designat$ by ! ,secret>y4 4 7b7 ,effective date ,! am5dm5t made by ?is section %all apply to build+s :i* receive allocations ( h\s+ cr$it doll> am\nt or1 9 ! case ( projects f9anc$ by tax-exempt obligations z describ$ 9 section #db7;h77#d7 ( ! ,int]nal ,rev5ue ,code ( #aihf1 :i* are fir/ tak5 into acc\nt "u section #adf ( su* ,code1 aft] ! date ( ! enactm5t ( ?is ,act4 #g4 ,requirem5t = projects designat$ to s]ve h\seholds ) p ) disabilities 7a7 ,9 g5]al ,p>agraph 7#a7 ( section #db7m7 ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$ by add+ at ! end ! foll[+ new subp>agraph3 7,e7 ,projects designat$ to s]ve h\seholds ) p ) disabilities 7i7 ,9 g5]al ,! qualifi$ allocation plan %all ensure t1 ) respect to any #c-ye> p]iod1 ! applicable p]c5tage is n less ?an #dj p]c5t4 7ii7 ,applicable p]c5tage ,= purposes ( ?is subp>agraph1 ! applicable p]c5tage is ! ratio 7express$ z a p]c5tage7 (-- 7,i7 ! numb] ( l[-income units 9 all projects receiv+ an allocation ( ! h\s+ cr$it doll> am\nt dur+ su* p]iod :i* meet ! requirem5ts ( subclause 7,i7 ( subsection 7d77#e77;,c77i71 to 7,,ii7 ! aggregate numb] ( all l[-income units 9 all projects receiv+ an allocation ( ! h\s+ cr$it doll> am\nt dur+ su* p]iod4 7iii7 ,special rule ,= purposes ( clause 7ii77,i71 any l[-income unit :i* is "p ( a project :i* meets ! requirem5ts ( bo? subclause 7,i7 & subclause 7,,ii7 ( subsection 7d77#e77;,c77i7 %all be c\nt$ twice4 4 7b7 ,effective date ,! am5dm5t made by ?is section %all apply to build+s :i* receive allocations ( h\s+ cr$it doll> am\nt or1 9 ! case ( projects f9anc$ by tax-exempt obligations z describ$ 9 section #db7;h77#d7 ( ! ,int]nal ,rev5ue ,code ( #aihf1 :i* are fir/ tak5 into acc\nt "u section #adf ( su* ,code1 aft] ! date ( ! enactm5t ( ?is ,act4 #h4 ,res\rce ,c5t]s = ! ,l[-,income ,h\s+ ,tax ,cr$it ,program 7a7 ,def9itions ,9 ?is section3 7#a7 ,c5t] ,! t]m ,c5t] means a ,res\rce ,c5t] e/abli%$ "u subsection 7b74 7#b7 ,program ,! t]m ,program means a program e/abli%$ = allocat+ am\nt "u section #db7;h7 ( ! ,int]nal ,rev5ue ,code ( #aihf4 7b7 ,e/abli%m5t ,ea* ,/ate h\s+ f9ance ag5cy %all e/abli% & op]ate a ,res\rce ,c5t] = ! ,l[-,income ,h\s+ ,tax ,cr$it ,program to support new applicants & recipi5ts = ! ,program 9 ! ,/ate by-- 7#a7 provid+ pot5tial applicants & recipi5ts ) in=mation & te*nical assi/ance to effectively prep>e & submit a ,program application2 7#b7 ensur+ t all int]e/$ & eligible entities h ! tools to apply = ! ,program2 7#c7 prioritiz+ provid+ assi/ance to nonpr(it & fir/-"t develop]s apply+ = ! ,program2 7#d7 id5tify+ pot5tial b>ri]s to prep>+ & submitt+ a successful application = ! ,program2 7#e7 prioritiz+ provid+ assi/ance to develop]s d$icat$ to s]v+ communities :o h fac$ a hi/ory ( h\s+ discrim9ation2 & 7#f7 propos+ /reaml9$ solutions to ^? b>ri]s t ! ,/ate & ea* locality )9 ! ,/ate c adopt4 7c7 ,op]at+ /&>ds & report+ requirem5ts ,ea* ,/ate h\s+ f9ance ag5cy %all develop & issue op]at+ /&>ds & report+ requirem5ts = ! ,c5t] e/abli%$ by ! ag5cy4 7d7 ,set aside ,!re is au?oriz$ to be appropriat$ #h1bej1jjj = fiscal ye> #bjbd & ea* fiscal ye> !reaft] to c>ry out ?is section1 ( :i* #aej1jjj %all be allocat$ ea* fiscal ye> to ea* ,/ate h\s+ f9ance ag5cy locat$ 9-- 7#a7 a ,/ate ( ! ,unit$ ,/ates2 7#b7 ! ,di/rict ( ,columbia2 or 7#c7 a t]ritory ( ! ,unit$ ,/ates4 #i4 ,national l[-income h\s+ tax cr$it advisory c\ncil 7a7 ,def9itions ,9 ?is section3 7#a7 ,c\ncil ,! t]m ,c\ncil means ! ,national ,l[-,income ,h\s+ ,tax ,cr$it ,advisory ,c\ncil e/abli%$ "u subsection 7b74 7#b7 ,cov]$ prop]ty ,! t]m cov]$ prop]ty means a build+ receiv+ an allocation ( cr$it "u section #db ( ! ,int]nal ,rev5ue ,code ( #aihf4 7b7 ,e/abli%m5t ,!re is e/abli%$ a ,national ,l[-,income ,h\s+ ,tax ,cr$it ,advisory ,c\ncil4 7c7 ,memb]%ip 7#a7 ,selection2 *air ,! ,c\ncil %all be compris$ ( memb]s select$ by a designee jo9tly select$ by ! ,secret>y ( ,h\s+ & ,urban ,developm5t & ! ,secret>y ( ! ,treasury1 :o %all s]ve z *air ( ! ,c\ncil4 7#b7 ,memb]s ,! ,c\ncil %all be compos$ ( n less ?an #a repres5tative f ea* ( ! foll[+ gr\ps3 7,a7 ,community-bas$ organizations t support individuals ) disabilities liv+ 9 cov]$ prop]ties4 7,b7 ,community-bas$ organizations t support old] adults liv+ 9 cov]$ prop]ties4 7,c7 ,community-bas$ organizations t support vet]ans liv+ 9 cov]$ prop]ties4 7,d7 ,community-bas$ organizations t support families & *ildr5 liv+ 9 cov]$ prop]ties4 7,e7 ,a multi-,/ate n-=-pr(it h\s+ develop]4 7,f7 ,a multi-,/ate =-pr(it h\s+ develop]4 7,g7 ,inve/ors or syndicators ( funds to :i* cr$its allocat$ "u section #db ( ! ,int]nal ,rev5ue ,code ( #aihf are sold4 7,h7 ,! rese>* community4 7,i7 ,/ate h\s+ f9ance ag5cies4 7,j7 ,community-bas$ organizations t support individuals protect$ f discrim9ation "u ! ,fair ,h\s+ ,act 7#db ,u4,s4,c4 #cfja et seq474 7#c7 ,qualifications ,! memb]s ( ! ,c\ncil %all-- 7,a7 h a liv$ exp]i5ce z "p ( ! gr\p !y repres5t2 & 7,b7 repres5t a div]sity (-- 7i7 educational & pr(essional backgr\nds2 7ii7 racial1 e?nic1 g5d]1 & l+ui/ic id5tities2 7iii7 disabilities1 includ+ intellectual disabilities2 7iv7 ages2 & 7v7 geographic locations4 7#d7 ,duration ,ea* memb] ( ! ,c\ncil %all be appo9t$ = a p]iod ( #c ye>s & may be re-appo9t$ = an additional t]m4 7d7 ,duties ,! ,c\ncil %all provide be/ practice recomm5dations & res\rces to ,/ate h\s+ f9ance ag5cies1 develop]s1 inve/ors1 & consum]s relat$ to national tr5ds 9 ! developm5t ( af=dable h\s+ "u section #db ( ! ,int]nal ,rev5ue ,code ( #aihf4 7e7 ,report 7#a7 ,9 g5]al ,! ,c\ncil %all submit to ea* ,/ate h\s+ f9ance ag5cy & ! ,secret>y ( ,h\s+ & ,urban ,developm5t a report1 :i* %all be submitt$ n less frequ5tly ?an once e #c ye>s1 ) f9al recomm5dations on be/ practices to-- 7,a7 fulfill ! mission ( ! cr$its allocat$ "u section #db ( ! ,int]nal ,rev5ue ,code ( #aihf2 7,b7 s]ve ! ne$s ( individuals ) disabilities & old] adults2 & 7,c7 /udy ! effects ( factors su* z zon+1 l& use requirem5ts1 location1 & co/ ( af=dable h\s+ developm5ts4 7#b7 ,public availability ,^u receiv+ a report submitt$ "u p>agraph 7#a71 ! ,secret>y ( ,h\s+ & ,urban ,developm5t %all make ! report available to ! public4 7f7 ,au?orization ( appropriations ,!re is au?oriz$ to be appropriat$ #ae1jjj1jjj = fiscal ye> #bjbd & ea* fiscal ye> !reaft] to c>ry out ?is section1 :i* am\nts %all be provid$ to ! ,c\ncil to cov] ! co/s ( travel & ! necess>y op]ations ( ! ,c\ncil4