Reintroducing the Affordable Housing Credit Improvement Act
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Reintroducing the Affordable Housing Credit Improvement Act

April 15, 2021

Through the reintroduction of The Affordable Housing Credit Improvement Act (AHCIA) of 2021, today marks another step towards making affordable housing a reality. AHCIA seeks to expand and strengthen the Housing Credit that provides individuals and families within rural, suburban and urban communities throughout the country access to safe, affordable housing options.

Since it’s inception in 1986, the Housing Credit has served 8 million households, comprising of essential workers, veterans, seniors, individuals with disabilities or experiencing homelessness, and more.* The AHCIA of 2021 would expand on the Housing Credit success by*:

Increasing production and preservation of affordable housing
Better serving hard-to-reach areas and populations
Removing barriers to affordable housing preservation
Streamlining program rules and promoting efficiency
To learn more and review legislation details of the AHCIA, visit Affordable Housing Tax Credit Coalition online, or view the detailed bill summary.

We thank the advocacy and bi-partisan efforts of Senators Maria Cantwell (D-WA), Todd Young (R-IN), Ron Wyden (D-OR), and Rob Portman (R-OH), as well as House Representatives Suzan DelBene (D-WA), Jackie Walorski (R-IN), Don Beyer (D-VA), and Brad Wenstrup (R-OH). We also thank individual and organizational advocates throughout the industry for their tireless efforts in addressing the need more affordable housing in America.

*Source: https://www.taxcreditcoalition.org/ahcia/

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