Save Affordable Housing Act of 2025
This bill protects affordable housing projects that received tax credits before 2025 by preventing owners from selling only the non-low-income portions of buildings. It requires that both low-income and non-low-income portions be sold together at fair market value, with the housing credit agency factoring in rent restrictions for the low-income units. This applies to properties where tax credits were necessary for the project’s financial viability. The law directly affects developers and property owners managing federally subsidized affordable housing developments.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jul 2025
Committee Review
Floor Vote
President
Introduced Jul 21, 2025
Last action Jul 21, 2025
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Jul 21, 2025
Committee
Referred to the House Committee on Ways and Means.
lower
Jul 21, 2025
Introduced
Introduced in House
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Joe Neguse
DDemocratic
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