The Affordable Housing Credit Improvement Act is bipartisan, bicameral legislation to expand and strengthen the Low-Income Housing Tax Credit. Help the ACTION Campaign build House and Senate cosponsorship by using our advocacy toolkit, including fact sheets with national, state, and district level data; explainer videos on each AHCIA provision; email templates, messaging points and more.
Today, ACTION celebrates a major milestone as the Housing Credit turns 40! The Housing Credit was signed into law on October 22, 1986. In the four decades since its inception, the Housing Credit has financed the creation or preservation of around 4.28 million affordable rental homes in communities of all
Housing Credit Turns 40! The Housing Credit turns 40 in October! The Housing Credit was signed into law by President Ronald Reagan on October 22, 1986, as part of the Tax Reform Act of 1986. Since then, the Housing Credit has become the number one tool for financing the construction
CRA Update New CRA Proposed Rule Formally Published in Federal Register On August 12, the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC), two of the three federal banking regulators, formally published in the Federal Register the Notice of Proposed Rulemaking (NPR) that
The ACTION Campaign is a coalition of over 2,400 national, state, and local organizations and businesses. We work to address our nation’s severe shortage of affordable rental housing by protecting, expanding, and strengthening the Low-Income Housing Tax Credit.
12.13 million renter households
nationwide pay more than half of their monthly income on rent, leaving too little for other expenses like health care,
transportation, and nutritious food
In order to afford a one-bedroom apartment at the national average fair market rent, a minimum wage worker has to work
90 hours per week
The Housing Credit is our nation’s most successful tool for encouraging private investment in affordable rental housing. Benefitting low-income families and individuals since 1986 it is responsible for:
4.13 million
homes developed or preserved
9.61 million
low-income households served
Your voice matters! Get educational resources to prepare for meetings and to share with elected officials so you can advocate for the Housing Credit to help address our nation’s severe shortage of affordable rental housing. Our advocacy toolkit provides you with messaging, social media guidelines, information on your elected officials, and more.
Join over 2,400 organizations working to address our nation’s severe shortage of affordable rental housing.