The Affordable Housing Credit Improvement Act (AHCIA) was introduced in Congress this session as S. 1136 and H.R. 2573. The AHCIA is comprised of three key provisions that would expand access to the Low-Income Housing Tax Credit (LIHTC) by increasing the allocations, expanding basis boosts, and lowering the private activity bond threshold. Given the historical importance of the LIHTC program to Texas renters, the continued need for affordable housing that many residents face, and the prevalence of rural Persistent Poverty Counties in the state, passage of the AHCIA would have a massive impact upon the Texas affordable housing market. Passage of the AHCIA would provide the state with an influx of development and commerce while addressing the housing insecurity that many Texans face.
