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Workforce Housing Construction for the GO Zone Act of 2007

Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S4814-4815)

Official summary

Version 00 · Introduced in Senate · Apr 20, 2007

Workforce Housing Construction for the GO Zone Act of 2007 - Amends the Internal Revenue Code to: (1) extend through 2010 the placed-in-service date requirement for buildings in the Gulf Opportunity Zone (GO Zone) for purposes of the low-income housing tax credit; (2) allow a low-income housing tax credit for buildings in the GO Zone, the Rita GO Zone, or the Wilma GO Zone (GO Zones) during a specified 10-year period; (3) provide a basis adjustment for low-income housing projects in the GO Zones; (4) exclude Community Development Block Grant funds from consideration in determining whether GO Zone buildings are federally subsidized; and (5) modify certain rules relating to tax-exempt financing of GO Zone buildings.

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Who introduced it

Sen. Landrieu, Mary L. [D-LA] · D–LA

Committees

  • Finance Committee
0 cosponsorship records, including any withdrawals

    Actions

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    1. Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S4814-4815)

    2. Sponsor introductory remarks on measure. (CR S4813-4814)

    3. Introduced in Senate

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    Source last updated: Aug 14, 2025. Consult Congress.gov for the current record.

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