CARH’s BROADCAST EMAIL—Legislative Alert

April 10, 2025

On April 8, H.R. 2725, the Affordable Housing Credit Improvement Act of 2025 (AHCIA) was reintroduced in the House. The bipartisan legislation was sponsored by Representatives Darin LaHood (R-IL-16), Suzan DelBene (D-WA-01), Claudia Tenney (R-NY-24), Don Beyer (D-VA-08), Randy Feenstra (R-IA-04), and Jimmy Panetta (D-CA-19). In addition, there were 114 bipartisan original co-sponsors when the legislation was reintroduced. The Senate version of the bill is expected to be reintroduced in the coming weeks and is expected to be sponsored by Senators Todd Young (R-IN), Maria Cantwell (D-WA), Marsha Blackburn (R-TN), and Ron Wyden (D-OR).

The ACTION Campaign (ACTION), a national, grassroots coalition of 2,400 national, state, and local organizations and businesses calling on Congress to protect, expand, and strengthen the Low-Income Housing Tax Credit (Housing Credit), and which CARH is a steering committee member, shared the following information on the reintroduced legislation:

The AHCIA of 2025 includes the same key financing provisions from the previous measure: a 50 percent increase in Housing Credit allocations, phased in evenly over two years; a lowering of the Private Activity Bond financing threshold (the so-called “50 percent test”) down to 25 percent; and basis boosts for rural developments, Tribal communities, and extremely low-income tenants (people earning 30 percent or less than the area median income), as well as a state-discretionary boost to make certain bond-financed projects financially feasible. These provisions would finance nearly 1.6 million new affordable homes nationwide over the next ten years.

Read the full press release from the House AHCIA sponsors.

The AHCIA also includes a number of other important provisions that would help preserve existing affordable housing and improve program implementation, including improving access for veterans, victims of human trafficking and domestic violence, and students.

There are no substantive changes to the bill from the last Congress. Besides updating the effective dates, the only difference is that the House measure includes the non-binding Sense of Congress provision that was in the Senate bill in the 118th Congress.

For more information on the bill, please see the following resources:

CARH is urging our members to contact your Congressman and urge them to co-sponsor this legislation. To contact your Representative, click here. For a list of current sponsors, click here.

For other news and information affecting the affordable rural housing industry, please visit the Newsroom on CARH’s website, www.carh.org.