Sens. Todd Young (R-ID) and Maria Cantwell (D-WA) have officially introduced the Affordable Housing Credit Improvement Act of 2025 (S. 1515) (AHCIA) in the Senate. This bill is a companion to the House bill that was introduced prior to the April recess (H.R. 2725). Earlier this month, NLBMDA members canvassed the halls of Congress to advocate for the landmark bill which if passed would make significant strides towards tackling housing affordability through expanding the Low-Income Housing Tax Credit (LIHTC).

For nearly four decades, LIHTC has been a transformative tool for supporting private investment towards the development and restoration of affordable housing units. This private-public partnership has allowed for the development of over 4 million homes and over $746.5 billion generated in wages and business income. A key component of AHCIA is the restoration of 12.5 percent LIHTC increase which expired in 2021 and a further 50 percent increase of LIHTC phased in over a two-year period.

This is the fifth time AHCIA has been reintroduced, each time earning broad bipartisan support. S. 1515 was introduced with 30 original cosponsors, equally divided between 15 Republicans and 15 Democrats.

“For decades, lumber and building material dealers have partnered with developers to support the construction of affordable housing,” said NLBMDA President & CEO Jonathan Paine. “The official reintroduction of both a House and Senate AHCIA bill is a key milestone towards delivering long-needed legislation that meaningfully addresses the nation’s shortage of affordable housing.”

NLBMDA urges its members to contact their elected officials and ask them to cosponsor and pass the Affordable Housing Credit Improvement Act of 2025 (H.R.2725/S.1515). To locate your representative, click here. To view your senators, click here.

Advocacy Resources:

NLBMDA Affordable Housing Credit Improvement Act Issue Brief

Affordable Housing Credit Improvement Act of 2025 One-Pager

Low-Income Housing Tax Credit – National Fact Sheet

AHCIA differences between 119th and 118th Congress

For questions, contact Matthew Delaney, NLBMDA’s Government Affairs Coordinator at mdelaney@dealer.org.

Special Thanks to NLBMDA's Federal Advocacy Sponsors