NAHMA published a NAHMAnalysis about the recently reintroduced Affordable Housing Credit Improvement Act of 2019.
In early June, a bipartisan group of Senators and Representatives reintroduced the Affordable Housing Credit Improvement Act (AHCIA), a bill to strengthen and expand the Low-Income Housing Tax Credit (LIHTC) program. Having financed more than 3 million homes since its inception in 1986, the Housing Credit offers a proven track record of financing safe, decent, affordable housing by leveraging public-private partnerships. Virtually no affordable housing can be constructed today without the Housing Credit, and NAHMA strongly supports expansion of the program. This NAHMAnalysis summarizes the bill information, including lead sponsors in Congress, key bill provisions impacting NAHMA members, and advocacy resources.