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.

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