ACTION Alert: Urgent Housing Credit Advocacy Needed!

Legislators and the White House have been in close communication over the last few days with a goal of releasing a new framework for a downsized Build Back Better reconciliation bill as soon as tomorrow, with rumors that the $3.5 trillion legislation could now total less than $2 trillion. While negotiations continue, ACTION members should again reach out to Democratic Members of Congress to urge them to make direct contact with Senate Majority Leader Chuck Schumer (D-NY), House Speaker Nancy Pelosi (D-CA), and with the White House to stress the importance of maintaining the current Housing Credit provisions in the final package. Final decisions are being made now, so your immediate advocacy is critical. The most impactful action your Senators and House members can take is to speak directly to their leadership and the White House, rather than leaving those communications to their staff.

ACTION has developed messaging options Housing Credit advocates can use in this outreach. For congressional staff contact information or to ask questions, please reach out to Krista D’Alessandro at kdalessandro@enterprisecommunity.org for additional support.

AHCIA Cosponsorship Update

The Affordable Housing Credit Improvement Act (AHCIA), S.1136 and H.R.2573, continues to gain bipartisan support among Members of Congress, with 19 new Representatives signing on in the House. There are currently 132 total cosponsors in the House – including 79 Democrats and 53 Republicans – and 72 percent of the Ways and Means Committee. In the Senate, there are 29 total cosponsors – including 10 Republicans and 19 Democrats – and 46 percent of the Senate Finance Committee. Check out the full list of cosponsors here.

Krista D'Alessandro is the tax policy analyst at Enterprise Community Partners. The ACTION Campaign is co-chaired by Enterprise and the National Council of State Housing Agencies.

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