S. 1603: Preserving Rural Housing Investments Act

S. 1603 is a federal bill in the 119th Congress. Before this bill, certain rules regarding tax-exempt entities created uncertainty for investors using federal tax credits to build or rehabilitate affordable housing in rural areas through government-sponsored enterprises like Fannie Mae and Freddie Mac.… See its sponsors, how members voted, and a plain-English breakdown on PolityLens.