Legislative News

AHCIA Legislation Gains Support from Over One-third of Congress

This month, the Affordable Housing Credit Improvement Act of 2023 reached 169 cosponsors in the House, maintaining strong bipartisan support with 84 Republicans and 85 Democrats. The Senate companion legislation has reached 27 cosponsors, with 14 Republicans, 12 Democrats and 1 Independent.

Major bipartisan U.S. Senate bill introduced to modernize and update rural housing programs

On May 1, Senators Tina Smith (D-MN) and Mike Rounds (R-SD) introduced the “Rural Housing Service Reform Act of 2023” (S.1389) in the U.S. Senate. The bill would aim to improve the housing programs administered by the U.S. Department of Agriculture’s Rural Housing Service (RHS) through several reforms, including decoupling rental assistance from maturing mortgages, permanently establishing the Multifamily Housing Preservation and Revitalization Demonstration (MPR), making permanent the Native CDFI Relending pilot program, and improving staff training and capacity within RHS.

Senator Wyden Reintroduces DASH Act to Tackle Housing Affordability Crisis

Senate Finance Committee Chair Ron Wyden, D-Ore, introduced the Decent, Affordable Safe Housing for All (DASH) Act. The DASH Act would expand the production of affordable housing for low-income and middle-income families, create a new down payment tax credit for first-time homebuyers, expand essential services to ensure permanent housing stability, house all children and families experiencing homelessness through Housing Choice Vouchers.

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