Affordable Housing Credit Improvement Act Center
For nearly 40 years, the Low-Income Housing Tax Credit (Housing Credit) has been a model public-private partnership program, bringing to bear private-sector resources, market forces, and state-level administration to finance nearly 3.7 million apartments.
Since 1986, the Housing Credit program has provided approximately eight million low-income families, seniors, veterans, and people with disabilities homes they can afford. Virtually no affordable rental housing development would occur without the Housing Credit.
On May 11, 2023, congressional champions Senators Maria Cantwell (D-WA), Todd Young (R-IN), Ron Wyden (D-OR), and Marsha Blackburn (R-TN) and Representatives Darin LaHood (R-IL), Suzan DelBene (D-WA), Brad Wenstrup (R-OH), Don Beyer (D-VA), Claudia Tenney (R-NY), and Jimmy Panetta (D-CA) introduced the Affordable Housing Credit Improvement Act (AHCIA) of 2023 (S. 1557/H.R. 3238). This bill would make significant strides toward addressing our nation’s severe shortage of affordable housing by expanding and strengthening the Housing Credit.
NCSHA co-chairs the A Call To Invest In Our Neighborhoods (ACTION) Campaign, a coalition of more than 2,400 national, state, and local organizations and businesses working to address the shortage of affordable rental housing through the Housing Credit, with a focus on enactment of the AHCIA.
Help NCSHA and ACTION build cosponsorship support for this critical legislation: Below are advocacy materials you can use to make your case to your members of Congress. Additional materials are available in the ACTION Campaign’s Advocacy Toolkit.
Highlighted Resource: 2023 AHCIA Video Series
In the 2023 AHCIA Video Series, Ayrianne Parks, Senior Director of Public Policy at Enterprise, and Jennifer Schwartz, Director of Tax and Housing Advocacy at NCSHA, provide an overview of each of the AHCIA provisions.
Detailed Bill Summary
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Differences in the Bill Between the 117th and 118th Congresses
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Cosponsorship List by State
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