ACTION Campaign Letter to House Financial Services Committee Urges Increase of PWI Cap
On October 30, 2025, the ACTION Campaign sent this letter to congressional housing leaders urging an increase to the cap on banks’ public welfare investments (PWIs). The group emphasized some banks are nearing the current 15 percent limit, restricting their ability to invest in affordable housing through the Low-Income Housing Tax Credit. Raising the cap to 20 percent, as proposed in pending bipartisan legislation, would expand investment capacity and strengthen the impact of recent Housing Credit expansions.
NCSHA co-chairs the ACTION Campaign with Enterprise Community Partners.
