Affordable Housing Credit Improvement Act Continues to Gain Support, Receives Endorsement from New Democrat Coalition

In the just over four months since the AHCIA was introduced, almost a third of lawmakers in the House – 137 total cosponsors – have signed on to the bill, including 69 percent of the House Ways and Means Committee. The identical Senate bill currently has 19 cosponsors, including nine Republicans, nine Democrats, and one Independent, with 43 percent of the Senate Finance Committee signed on in support. Most recently, Senator Kevin Cramer (R-ND) joined as a cosponsor. Click here to view the most recent list of AHCIA cosponsors.

On October 18, the New Democrat Coalition (NDC) endorsed four pieces of legislation including the Affordable Housing Credit Improvement Act (AHCIA), which has continued to gain bipartisan support in both the Senate and the House (S.1703 & H.R. 3077). The NDC is comprised of 104 lawmakers who are committed to “pro-economic growth, pro-innovation, and fiscally responsible” policies. The NDC’s endorsements are intended to bolster support for solutions that address the shortage in the supply of affordable housing across the country. In addition to endorsing the AHCIA, the NDC also endorsed three other pieces of housing-related legislation including the Sustainable Communities Act (H.R. 927) introduced by Rep. Norma Torres (D-CA-35), the Build More Housing Near Transit Act (H.R. 4307) introduced by Rep. Scott Peters (D-CA-52), and the Yes in My Backyard Act (H.R. 4351) introduced by Rep. Denny Heck (D-WA-10). To read more about the NDC’s endorsement of the AHCIA, read its press release here.

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