Housing Bond and Credit Modernization and Fairness Act of 2003
Last action on Jan 8, 2003Referred to the House Committee on Ways and Means.
Take Action
Summary
Housing Bond and Credit Modernization and Fairness Act of 2003 - Amends the Internal Revenue Code to: (1) repeal the required use of certain principal repayments on mortgage subsidy bond financings to redeem bonds; (2) modify the purchase price limitation under mortgage subsidy bond rules based on median family income; and (3) define the term "area median gross income" for low-income housing credit projects.
Lifecycle of the Bill
No events recorded for this stage yet.
