Fair Housing for Disabeled Veterans Act

This bill would change how income is calculated for disabled veterans seeking affordable housing. Currently, veterans' service-connected disability compensation and pension payments are counted as income when determining eligibility for the Low-Income Housing Tax Credit (LIHTC) and qualified residential rental project bonds. This can push disabled veterans above income thresholds for affordable housing assistance, potentially contributing to homelessness. If enacted, the bill would exclude these disability payments from income calculations, allowing disabled veterans to more easily qualify for affordable housing programs. The changes would apply to determinations made after the bill becomes law. This is a bipartisan measure that has been referred to the House Committee on Ways and Means but has not yet been voted on by the full House.