ACTION Campaign Releases Affordable Housing Credit Improvement Act Explainer Videos, District Fact Sheets

The ACTION Campaign released a series of short videos providing an overview of each of the provisions in the Affordable Housing Credit Improvement Act of 2019 (AHCIA). This legislation, which was reintroduced in both the Senate (S. 1703) and the House (H.R. 3077), would make significant strides towards addressing our nation’s severe shortage of affordable housing by expanding and strengthening the LIHTC. In these new ACTION videos, Sarah Brundage, senior director of public policy at Enterprise, and Jennifer Schwartz, director of tax and housing advocacy at the National Council of State Housing Agencies, provide an overview of each of the provisions in the AHCIA, explaining the background and what that provision would do.

The ACTION Campaign also released updated fact sheets for congressional districts that show the impact of the Low-Income Housing Tax Credits. In addition to the regular information on homes developed or preserved, jobs supported and the need for affordable housing, this year’s fact sheets also include estimates on how many homes could be built with a 50 percent LIHTC increase.

The updated data is from 2017 National Council of State Housing Agencies (NCSHA) State HFA Factbook, 2017 American Community Survey, the National Low Income Housing Coalition’s 2018 Out of Reach report, new calculations by Novogradac, and estimates using multipliers from the National Association