
The Affordable Housing Credit Improvement Act (AHCIA) has been reintroduced in the House of Representatives.
The bill, which expands and strengthens the low-income housing tax credit (LIHTC), has more than 100 bipartisan cosponsors representing more than 30 states.
Reps. Darin LaHood (R-Illinois), Suzan DelBene (D-Wash.), Claudia Tenney (R-N.Y.), Don Beyer (D-Va.), Randy Feenstra (R-Iowa), and Jimmy Panetta (D-Calif.) introduced the bill April 8, and a companion bill is expected to be introduced in the Senate soon.
“Too many families are struggling to find a safe, affordable place to call home. This is a pervasive problem across America and in Washington,” DelBene said. “When people have stable housing, it has a ripple effect throughout other aspects of life. They’re better able to support their families and succeed at work. This overwhelmingly bipartisan legislation makes smart, targeted investments to increase affordable housing supply and help meet the needs of growing communities both in Washington and across the country.”
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