“There’s no greater time than now” to increase the power of the Low-Income Housing Tax Credit (Housing Credit), according to Rep. Darin LaHood (R-IL-16), lead sponsor of the Affordable Housing Credit Improvement Act (AHCIA). The congressman underscored the breadth of bipartisan, bicameral support for the AHCIA, which would expand and […]
April 2025 Monthly Newsletter: AHCIA Advocacy Strategies & Other Housing Credit News
Legislative State-of-Play AHCIA Reintroduction Imminent ACTION is working with our Congressional leads in the House and Senate on the reintroduction of the Affordable Housing Credit Improvement Act (AHCIA), which they plan to reintroduce the week of April 7. The bill remains largely the same, with no substantive updates from last […]
March 2025 Monthly Newsletter: AHCIA Advocacy Strategies & Other Housing Credit News
Legislative State-of-Play Reconciliation Process Begins in Earnest The House and Senate both passed their respective Fiscal Year 2025 (FY25) budget resolutions last month, an important but preliminary step towards advancing President Trump’s policy agenda without needing to rely on any Democratic votes. Next, Congress must reconcile their differences so that […]
February 2025 Monthly Newsletter: AHCIA Advocacy Strategies & Other Housing Credit News
Legislative State-of-Play Reconciliation Process Still Unclear in Congress The 119th Congress is now well underway, but Republican leaders in the House and Senate are still at odds over the strategy for advancing the Trump Administration’s priorities — namely whether to move one large reconciliation bill encompassing border security, energy, tax, […]
January 2025 Monthly Newsletter and 2024 Year in Review
Legislative Update & Current Advocacy Strategy 119th Congress Begins; Major Tax Activity Anticipated The 119th Congress started on January 3 with a busy agenda for the year ahead, including a major tax package currently under negotiation. With many provisions from the Tax Cuts and Jobs Act of 2017 (TCJA), along […]
The AHCIA in 2024: Our Biggest Year Yet!
As the holiday season approaches and the 118th Congress comes to a close, ACTION reflects on achievements over the last two years. While the legislative environment prevented the enactment of the Affordable Housing Credit Improvement Act, we built the strongest foundation the Housing Credit has ever had in terms of […]
December 2024 Monthly Newsletter: AHCIA Advocacy Strategies & Other Housing Credit News
Election Recap Republicans Achieve Trifecta Republicans will have unified control in Washington in 2025, having won the presidency and control of the Senate and the House of Representatives. The final party breakdown is 53 Republicans to 47 Democrats in the Senate and 220 Republicans to 215 Democrats in the House. […]
The Housing Credit in the 2024 Election
The elections taking place tomorrow are crucial in determining the road ahead for the Housing Credit. With major tax policy set to expire at the end of 2025, tax undoubtedly will be a primary focus for the next president and the incoming Congress, providing opportunities to advance changes to expand […]
November 2024 Monthly Newsletter: AHCIA Advocacy Strategies & Other Housing Credit News
Legislative State-of-Play Election and Outlook on FY25 Spending Congress will return from its recess on November 12, after Election Day and Veterans’ Day. As ACTION covered in the October newsletter, before Congress’ departure in late September, they reached a short-term spending agreement, known as a Continuing Resolution (CR), to allow […]
October 2024 Monthly Newsletter: AHCIA Advocacy Strategies & Other Housing Credit News
Legislative State-of-Play Congress Returns from Recess, Departs Again for Recess Congress returned from the August Recess on September 9, providing the chambers with just a few weeks to come to an agreement to fund the government for Fiscal Year (FY) 2025, which begins October 1. With neither political party wanting […]