The Housing Credit is the number one tool for financing affordable housing in America. It has financed the creation or preservation of around four million affordable homes since its creation in 1986. With that level of success, it is not a big surprise that it has quickly become the model […]
ACTION Alert: New Fact Sheets!
ACTION is pleased to announce that we have updated the National, State, and District Fact Sheets with the latest data on the impact of the Housing Credit and the AHCIA. The fact sheets show the impact of the Housing Credit on homes, jobs, and families, as well as the number […]
ACTION Mourns the Loss of Housing Credit Champion Congresswoman Jackie Walorski
ACTION Mourns the Loss of Housing Credit Champion Congresswoman Jackie Walorski The ACTION Campaign mourns the tragic death of Congresswoman Jackie Walorski (R-IN-2). The Congresswoman and two of her staff, Emma Thomson and Zach Potts, were killed in a car accident yesterday afternoon. Congresswoman Walorski was a true champion for […]
Senate Legislation Introduced to Facilitate Use of Fiscal Recovery Funds with Housing Credit
On May 11, Senate legislation was introduced to allow the use of Coronavirus State and Local Fiscal Recovery Funds (SLFRF) to make long-term loans to Housing Credit developments. The LIHTC Financing Enabling Long-term Investment in Neighborhood Excellence Act, or LIFELINE Act, sponsored by Senators Patrick Leahy (D-VT) and Susan Collins […]
Share New Housing Credit Letter with Members of Congress
Hundreds of Affordable Housing Advocates Call on White House and Congress to Include Housing Credit Production Provisions in Build Back Better Act Tonight, the ACTION Campaign sent a letter signed by hundreds of ACTION Campaign members and other affordable housing stakeholders from around the country to President Biden, Speaker Pelosi, and Leader Schumer. […]
Housing Credit Provisions at Risk for Cuts in Reconciliation Negotiations: ACTION Member Advocacy Needed
Negotiations surrounding the $3.5 trillion legislative package known as the Build Back Better Act are ongoing – with Members of Congress looking to make deep cuts – putting Low-Income Housing Tax Credit (Housing Credit) provisions at risk. Recent media reports have noted that the $300 billion worth of housing provisions that passed through the […]
ACTION Alert: Outreach to Congressional Leadership & Senate Democrats Needed!
Congress is currently negotiating a $3.5 trillion legislative package known as the Build Back Better Act, and we need ACTION members help to ensure the Low-Income Housing Tax Credit (Housing Credit) production priorities remain in the bill. As you know, the House Ways and Means Committee passed its portion of […]
ACTION Update: Ways and Means Passes Build Back Better Act, Advancing Housing Credit Provisions
Yesterday, the House Ways and Means Committee passed its portion of the Democrats’ Build Back Better infrastructure legislation by a vote of 24-19, which included all of the Housing Credit provisions initially proposed. This is a first, but significant step forward in advancing the legislation through the reconciliation process. The House Budget […]
ACTION Alert: Ways and Means Reconvenes Tomorrow for Markup Including Historic Investment in Housing Credit
Last week, on September 9, the House Ways and Means Committee began marking up its portion of the Democrats’ Build Back Better reconciliation legislation. Late Friday, the Ways and Means Committee released a second tranche of legislative text from its Build Back Better reconciliation legislation, including the infrastructure financing and […]
111 Members of Congress Send Letter to House Leadership Urging AHCIA Inclusion in Reconciliation
On August 25, Housing Credit champions Representatives Suzan DelBene (D-WA-01) and Don Beyer (D-VA-08), alongside 109 Democratic Members of Congress, sent a letter to Speaker Pelosi (D-CA-12) and House Minority Leader McCarthy (R-CA-23), urging the inclusion of the Affordable Housing Credit Improvement Act (AHCIA) in the reconciliation legislation that is a part of the […]