Our House champions Reps. Suzan DelBene (D-WA) and Don Beyer (D-VA), along with 109 other Democrats, to Speaker Nancy Pelosi (D-CA) and Minority Leader Kevin McCarthy (R-CA) urging the inclusion of the Affordable Housing Credit Improvement Act (AHCIA).

On August 18, 2021, Senate Finance Committee Chair Ron Wyden (D-OR) unveiled the Decent, Affordable, Safe Housing (DASH) Act, comprehensive legislation that reflects his strong commitment to addressing our affordable housing crisis.

After months of negotiations, on August 10, 2021, the Senate passed its bipartisan infrastructure plan by a vote of 69-30. Nineteen Republicans, including Minority Leader Mitch McConnell (R-KY) joined the 48 Democrats and two Independents in support of the bill.

A bipartisan deal was reached on July 28th, followed by a key procedural vote to begin the process for Senate consideration of the infrastructure package. Seventeen Republicans, including Minority Leader Mitch McConnell (R-KY), joined Democrats in approving the procedural measure to allow the Senate to move forward. The vote was 67-32 – seven more votes than were needed to advance the legislation.

We wanted to update you on the very fluid status of ongoing discussions regarding infrastructure legislation, and also to provide you with a report on the Virtual Convening co-hosted by the Housing Advisory Group and the Affordable Housing Tax Credit Coalition on June 9th.

On May 28, 2021, the Administration submitted its Fiscal Year 2022 budget that includes an expansion of the Low-Income Housing Tax Credit, a new tax credit to revitalize single family homes in distressed neighborhoods; and a permanent New Markets Tax Credit.