,,ii  #aai? ,,congress  #b;d ,session   
,s4 #ebhe  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,augu/ #f1 #bjbf,ms4   
,klobu*> 7= h]self1 ,mrs4 ,gillibr&1    
,ms4 ,duckwor?1 ,mr4 ,kim1 ,mr4 ,van    
,holl51 & ,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 ,m  
?an #g1jjj1jjj old] adults & p )        
disabilities receive ,f$]al mon?ly      
,supplem5tal ,security ,income & are    
pric$ out ( e r5tal h\s+ m>ket 9 !      
,unit$ ,/ates4  #d4 ,increases 9 ,/ate  
allocations  7a7 ,9 g5]al ,clause 7ii7 (
 section #db7;h77#c77;,c7 ( ! ,int]nal  
,rev5ue ,code is am5d$-- 7#a7 9         
subclause 7,i71 by /rik+ #a4ge & ins]t+ 
! p] capita am\nt1 &  7#b7 9 subclause  
7,,ii71 by /rik+ #b1jjj1jjj & ins]t+ !  
m9imum am\nt4  7b7 ,p] capita am\nt2    
m9imum am\nt ,section #db7;h77#c7 ( !   
,int]nal ,rev5ue ,code ( #aihf is am5d$ 

by /rik+ subp>agraphs 7,h7 & 7,i7 &     
ins]t+ ! foll[+3  7,h7 ,p] capita am\nt 
,= purposes ( subp>agraph 7,c77ii77,i71 
! p] capita am\nt %all be det]m9$ z     
foll[s3 7i7 ,cal5d> ye> #bjbf ,= cal5d> 
ye> #bjbf1 ! p] capita am\nt is #d4be4  
7ii7 ,cal5d> ye> #bjbg ,= cal5d> ye>    
#bjbg1 ! p] capita am\nt is ! product   
(-- 7,i7 #a4be1 &  7,,ii7 ! doll> am\nt 
"u clause 7i7 increas$ by an am\nt equal
 to-- 7aa7 su* doll> am\nt1 multipli$ by
  7bb7 ! co/-(-liv+ adju/m5t det]m9$ "u 
section #a7;f77#c7 = su* cal5d> ye>1    
det]m9$ by sub/itut+ cal5d> ye> #bjbd = 
cal5d> ye> #bjaf 9 subp>agraph 7,a77ii7 
!re(4  ,if ! am\nt det]m9$ aft]         
application ( ! prec$+ s5t5ce is n a    
multiple ( #e1jjj1 su* am\nt %all be    
r\nd$ to ! next l[e/ multiple ( #e1jjj4 
7iii7 ,cal5d> ye>s aft] #bjbg ,9 ! case 
( any cal5d> ye> aft] #bjbg1 ! p] capita
 am\nt is ! doll> am\nt det]m9$ "u      
clause 7ii7 increas$ by an am\nt equal  
to-- 7,i7 su* doll> am\nt1 multipli$ by 
7,,ii7 ! co/-(-liv+ adju/m5t det]m9$ "u 

section #a7;f77#c7 = su* cal5d> ye>1    
det]m9$ by sub/itut+ cal5d> ye> #bjbf = 
cal5d> ye> #bjaf 9 subp>agraph 7,a77ii7 
!re(4  ,any am\nt increas$ "u ! prec$+  
s5t5ce :i* is n a multiple ( #e c5ts    
%all be r\nd$ to ! next l[e/ multiple ( 
#e c5ts4  7,i7 ,m9imum am\nt ,= purposes
 ( subp>agraph 7,c77ii77,,ii71 ! m9imum 
am\nt %all be det]m9$ z foll[s3 7i7     
,cal5d> ye> #bjbf ,= cal5d> ye>1 #bjbf1 
! m9imum am\nt is #d1hgf1jjj4  7ii7     
,cal5d> ye> #bjbg ,= cal5d> ye> #bjbg1 !
 m9imum am\nt is ! product (-- 7,i7     
#a4be1 &  7,,ii7 ! doll> am\nt "u clause
 7i7 increas$ by an am\nt equal to--    
7aa7 su* doll> am\nt1 multipli$ by  7bb7
 ! co/-(-liv+ adju/m5t det]m9$ "u       
section #a7;f77#c7 = su* cal5d> ye>1    
det]m9$ by sub/itut+ cal5d> ye> #bjbd = 
cal5d> ye> #bjaf 9 subp>agraph 7,a77ii7 
!re(4  ,if ! am\nt det]m9$ aft]         
application ( ! prec$+ s5t5ce is n a    
multiple ( #e c5ts1 su* am\nt %all be   
r\nd$ to ! next l[e/ multiple ( #e c5ts4
  7iii7 ,cal5d> ye>s aft] #bjbg ,9 !    

case ( any cal5d> ye> aft] #bjbg1 !     
m9imum am\nt is ! doll> am\nt det]m9$ "u
 clause 7ii7 increas$ by an am\nt equal 
to-- 7,i7 su* doll> am\nt1 multipli$ by 
7,,ii7 ! co/-(-liv+ adju/m5t det]m9$ "u 
section #a7;f77#c7 = su* cal5d> ye>1    
det]m9$ by sub/itut+ cal5d> ye> #bjbf = 
cal5d> ye> #bjaf 9 subp>agraph 7,a77ii7 
!re(4  ,any am\nt increas$ "u ! prec$+  
s5t5ce :i* is n a multiple ( #e1jjj %all
 be r\nd$ to ! next l[e/ multiple (     
#e1jjj4  4  7c7 ,effective date ,!      
am5dm5ts made by ?is section %all apply 
to cal5d> ye>s beg9n+ aft] ,decemb] #ca1
 #bjbe4  #e4 ,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 #aej 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]
 ,decemb] #ca1 #bjbf4  #f4 ,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 ,!      
am5dm5ts made by ?is section %all apply 
to allocations ( h\s+ cr$it doll> am\nts
 made "u qualifi$ allocation plans 7z   
def9$ 9 section #db7m77#a77;,b7 ( !     
,int]nal ,rev5ue ,code ( #aihf7 adopt$  
aft] ,decemb] #ca1 #bjbf4