Yesterday, the Internal Revenue Service (IRS) issued Revenue Ruling 2021-20 and Revenue Procedure 2021-43 providing guidance on the application of the permanent minimum 4 percent Housing Credit rate established for bond-financed buildings in the Consolidated Appropriations Act of 2021. Check out a recent blog post from ACTION Co-Chair Jennifer Schwartz, director of tax and advocacy at NCSHA,
Advocating for the Affordable Housing Credit Improvement Act
Help the ACTION Campaign build bipartisan cosponsorship for the Affordable Housing Credit Improvement Act to expand and strengthen the Low-Income Housing Tax Credit. We created an advocacy toolkit, including fact sheets with national, state, and district level data; explainer videos on each AHCIA provision; email templates, messaging points and more.
The ACTION Campaign is a coalition of over 2,400 national, state, and local organizations and businesses. We work to address our nation’s severe shortage of affordable rental housing by protecting, expanding, and strengthening the Low-Income Housing Tax Credit.
America’s Affordable Housing Needs are Vast and Growing
10.5 million renter households
nationwide pay more than half of their monthly income on rent, leaving too little for other expenses like health care,
transportation, and nutritious food
In order to afford a one-bedroom apartment at the national average fair market rent, a minimum wage worker has to work
79 hours per week
The Housing Credit is a Proven Tool to Address the Shortage
The Housing Credit is our nation’s most successful tool for encouraging private investment in affordable rental housing. Benefitting low-income families and individuals since 1986 it is responsible for:
homes developed or preserved
low-income households served
ACTION Advocacy Toolkit
Your voice matters! Get educational resources to prepare for meetings and to share with elected officials so you can advocate for the Housing Credit to help address our nation’s severe shortage of affordable rental housing. Our advocacy toolkit provides you with messaging, social media guidelines, information on your elected officials and more.
November is National Native American Heritage Month. Over the last month, people and organizations around the country have joined together in honoring our nation’s first Americans and their vast contributions to our culture and society. As the ACTION Campaign, our role is to advocate for the strengthening and expansion of
The ACTION Campaign monthly call will be held on Friday, December 3 at 2:00 PM EST. Please find the Zoom call information below, and download and import the iCalendar (.ics) files to your calendar system. Join Zoom Meeting: https://enterprisecommunity.zoom.us/j/97691009830?pwd=MThDdmxTRkl5UXhXeGttMkUycGFDdz09 Meeting ID: 976 9100 9830 Password: 314424 One tap mobile: +19292056099,,97691009830# US