Legislative & Policy

House and Senate Leaders Reintroduce Affordable Housing Credit Improvement Act

6.6.19

Widely supported bipartisan, bicameral legislation to expand and strengthen the Low-Income Housing Tax Credit (LIHTC) was reintroduced in the Senate and House earlier this week. The Affordable Housing Credit Improvement Act (AHCIA) of 2019 (S. 1701 and H.R. 3077) is estimated to incentivize the building of over 450,000 affordable homes over the next decade and generate $48.5 billion in wages and business income, $19.1 billion in additional tax revenue, and 510,000 jobs.

House THUD Appropriators Pass Funding Bill with Robust Increases to Public Housing Programs

5.23.19

This morning, the House Appropriations Subcommittee on Transportation, Housing and Urban Development and Related Agencies (THUDpassed its FY20 funding bill without amendments. The bill‘s discretionary funding level for the Department of Housing and Urban Development (HUD) totals $50.1 billion, an increase of $5.9 billion above the FY19 enacted level, and $13.4 billion above President

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