Legis Daily

Affordable Housing Credit Improvement Act of 2023

USA118th CongressHR-3238| House 
| Updated: 5/11/2023
Darin LaHood

Darin LaHood

Republican Representative

Illinois

Cosponsors (250)
Dusty Johnson (Republican)Doug LaMalfa (Republican)Dwight Evans (Democratic)Diana Harshbarger (Republican)David Schweikert (Republican)Kim Schrier (Democratic)Stacey E. Plaskett (Democratic)Donald Norcross (Democratic)David Kustoff (Republican)Marcy Kaptur (Democratic)Becca Balint (Democratic)Ryan K. Zinke (Republican)Tom Cole (Republican)Elise M. Stefanik (Republican)John Garamendi (Democratic)Wiley Nickel (Democratic)Jonathan L. Jackson (Democratic)Jared F. Golden (Democratic)Eric A. "Rick" Crawford (Republican)Ruben Gallego (Democratic)Chris Pappas (Democratic)Jared Huffman (Democratic)Jake LaTurner (Republican)Tim Burchett (Republican)Adam B. Schiff (Democratic)Barbara Lee (Democratic)Gabe Amo (Democratic)Guy Reschenthaler (Republican)Robin L. Kelly (Democratic)Raúl M. Grijalva (Democratic)Ashley Hinson (Republican)Ritchie Torres (Democratic)Robert Garcia (Democratic)Alexander X. Mooney (Republican)Brett Guthrie (Republican)Marie Gluesenkamp Perez (Democratic)Mark Pocan (Democratic)Joyce Beatty (Democratic)Lisa Blunt Rochester (Democratic)Jennifer L. McClellan (Democratic)Gabe Vasquez (Democratic)David J. Trone (Democratic)Emanuel Cleaver (Democratic)Brian Higgins (Democratic)John S. Duarte (Republican)Chrissy Houlahan (Democratic)Gregory F. Murphy (Republican)Raul Ruiz (Democratic)Derek Kilmer (Democratic)Jefferson Van Drew (Republican)Carlos A. Gimenez (Republican)Bill Foster (Democratic)Joe Courtney (Democratic)Robert J. Wittman (Republican)Lance Gooden (Republican)Zachary Nunn (Republican)Ilhan Omar (Democratic)Pete Aguilar (Democratic)Mike Ezell (Republican)Glenn Thompson (Republican)Greg Landsman (Democratic)Mike Carey (Republican)Claudia Tenney (Republican)Brad R. Wenstrup (Republican)Mariannette Miller-Meeks (Republican)Beth Van Duyne (Republican)Juan Vargas (Democratic)Terri A. Sewell (Democratic)Steven Horsford (Democratic)Young Kim (Republican)Jimmy Panetta (Democratic)J. Luis Correa (Democratic)William R. Timmons (Republican)Eric Swalwell (Democratic)Dina Titus (Democratic)Pete Sessions (Republican)David Rouzer (Republican)Kathy E. Manning (Democratic)John R. Curtis (Republican)Debbie Dingell (Democratic)Madeleine Dean (Democratic)Melanie A. Stansbury (Democratic)Steve Cohen (Democratic)Tony Cárdenas (Democratic)Suzan K. DelBene (Democratic)Jennifer Wexton (Democratic)Scott H. Peters (Democratic)Jerry L. Carl (Republican)Andrea Salinas (Democratic)Angie Craig (Democratic)Delia C. Ramirez (Democratic)Tim Walberg (Republican)Donald G. Davis (Democratic)Earl L. "Buddy" Carter (Republican)Rosa L. DeLauro (Democratic)Greg Casar (Democratic)Haley M. Stevens (Democratic)Jeff Jackson (Democratic)Andrew R. Garbarino (Republican)Frank J. Mrvan (Democratic)Danny K. Davis (Democratic)Ken Calvert (Republican)Daniel T. Kildee (Democratic)Jake Auchincloss (Democratic)Ted Lieu (Democratic)Ro Khanna (Democratic)Rudy Yakym (Republican)Maria Elvira Salazar (Republican)Dan Newhouse (Republican)Lloyd Smucker (Republican)Greg Stanton (Democratic)Thomas H. Kean (Republican)Barry Loudermilk (Republican)Ann M. Kuster (Democratic)Gus M. Bilirakis (Republican)Anna Paulina Luna (Republican)A. Drew Ferguson (Republican)Daniel Meuser (Republican)Don Bacon (Republican)Nikki Budzinski (Democratic)Andy Barr (Republican)Mario Diaz-Balart (Republican)Christopher H. Smith (Republican)James R. Baird (Republican)Darrell Issa (Republican)John B. Larson (Democratic)David P. Joyce (Republican)Mike Flood (Republican)Carol D. Miller (Republican)Mark DeSaulnier (Democratic)Joseph D. Morelle (Democratic)Emilia Strong Sykes (Democratic)Mike Kelly (Republican)Richard Hudson (Republican)Doris O. Matsui (Democratic)Hillary J. Scholten (Democratic)Sara Jacobs (Democratic)Roger Williams (Republican)Daniel S. Goldman (Democratic)Dean Phillips (Democratic)Jahana Hayes (Democratic)Kat Cammack (Republican)Morgan McGarvey (Democratic)John Joyce (Republican)Brad Finstad (Republican)Kelly Armstrong (Republican)Raja Krishnamoorthi (Democratic)James A. Himes (Democratic)Jerrold Nadler (Democratic)Cliff Bentz (Republican)Brittany Pettersen (Democratic)Alma S. Adams (Democratic)Anna G. Eshoo (Democratic)Ami Bera (Democratic)Nicholas A. Langworthy (Republican)Ron Estes (Republican)Josh Harder (Democratic)Mark Takano (Democratic)Blake D. Moore (Republican)John R. Moolenaar (Republican)John H. Rutherford (Republican)Laurel M. Lee (Republican)Charles J. "Chuck" Fleischmann (Republican)Betty McCollum (Democratic)Eleanor Holmes Norton (Democratic)James Comer (Republican)Val T. Hoyle (Democratic)Sharice Davids (Democratic)Brad Sherman (Democratic)Mark E. Green (Republican)Anthony D'Esposito (Republican)Henry Cuellar (Democratic)Larry Bucshon (Republican)Marcus J. Molinaro (Republican)Brandon Williams (Republican)Byron Donalds (Republican)Salud O. Carbajal (Democratic)Jim Costa (Democratic)Joe Neguse (Democratic)Mike Quigley (Democratic)Garret Graves (Republican)Donald S. Beyer (Democratic)Sean Casten (Democratic)Tony Gonzales (Republican)Sam Graves (Republican)Mike Bost (Republican)Scott DesJarlais (Republican)Janice D. Schakowsky (Democratic)Pete Stauber (Republican)David G. Valadao (Republican)Michael R. Turner (Republican)Michelle Steel (Republican)Julia Brownley (Democratic)Seth Magaziner (Democratic)John W. Rose (Republican)Derrick Van Orden (Republican)Rick Larsen (Democratic)Tom Emmer (Republican)Brian K. Fitzpatrick (Republican)Colin Z. Allred (Democratic)Earl Blumenauer (Democratic)Max L. Miller (Republican)Jay Obernolte (Republican)Deborah K. Ross (Democratic)Randy Feenstra (Republican)Juan Ciscomani (Republican)Lori Trahan (Democratic)Kevin Kiley (Republican)Elissa Slotkin (Democratic)Bill Posey (Republican)Suzanne Bonamici (Democratic)Monica De La Cruz (Republican)Yadira Caraveo (Democratic)Greg Pence (Republican)Josh Gottheimer (Democratic)Linda T. Sánchez (Democratic)Zoe Lofgren (Democratic)Nanette Diaz Barragán (Democratic)Michael Lawler (Republican)Nick LaLota (Republican)Jesús G. "Chuy" García (Democratic)Kevin Mullin (Democratic)Jason Crow (Democratic)Erin Houchin (Republican)Gwen Moore (Democratic)Jimmy Gomez (Democratic)Susie Lee (Democratic)Harold Rogers (Republican)Valerie P. Foushee (Democratic)Rashida Tlaib (Democratic)Bradley Scott Schneider (Democratic)Jack Bergman (Republican)Tracey Mann (Republican)Bill Johnson (Republican)Gerald E. Connolly (Democratic)Troy Balderson (Republican)Jennifer A. Kiggans (Republican)Chellie Pingree (Democratic)Bill Pascrell (Democratic)Patrick T. McHenry (Republican)Grace F. Napolitano (Democratic)Katie Porter (Democratic)Susan Wild (Democratic)Bryan Steil (Republican)Mike Levin (Democratic)Lori Chavez-DeRemer (Republican)Michael Guest (Republican)Nicole Malliotakis (Republican)Vern Buchanan (Republican)Judy Chu (Democratic)

Ways and Means Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Affordable Housing Credit Improvement Act of 2023 This bill revises provisions of the low-income housing tax credit and renames it as the affordable housing tax credit . The bill increases the per capita dollar amount of the credit and its minimum ceiling amount beginning in 2023 and extends the inflation adjustment for such amounts. The bill modifies tenant income eligibility requirements and the average income formula for determining such income. It also revises rules for student occupancy of rental units and tenant voucher payments, and prohibits any refusal to rent to victims of domestic abuse. The bill further modifies the credit to increase state allocations of the credit; repeal the qualified census tract population cap; prohibit consideration of local approval and local government contribution requirements for housing projects; increase the credit for certain projects designated to serve extremely low-income households; increase the credit for certain bond-financed projects designated by state agencies; eliminate the basis reduction for properties that receive certain energy-related tax benefits; and increase the population cap for difficult development areas (i.e., areas with high construction, land, and utility costs relative to area median gross income). The bill also includes Indian and rural areas as difficult development areas and modifies other requirements relating to casualty losses, tax-exempt bond financing, and foreclosures.
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Timeline

Bill from Previous Congress

HR 116-3077
Affordable Housing Credit Improvement Act of 2019

Bill from Previous Congress

HR 117-2573
Affordable Housing Credit Improvement Act of 2021
May 11, 2023
Introduced in House
May 11, 2023
Referred to the House Committee on Ways and Means.
Apr 16, 2024

Latest Companion Bill Action

S 118-1557
Committee on Banking, Housing, and Urban Affairs Subcommittee on Housing, Transportation, and Community Development. Hearings held.
  • Bill from Previous Congress

    HR 116-3077
    Affordable Housing Credit Improvement Act of 2019


  • Bill from Previous Congress

    HR 117-2573
    Affordable Housing Credit Improvement Act of 2021


  • May 11, 2023
    Introduced in House


  • May 11, 2023
    Referred to the House Committee on Ways and Means.


  • April 16, 2024

    Latest Companion Bill Action

    S 118-1557
    Committee on Banking, Housing, and Urban Affairs Subcommittee on Housing, Transportation, and Community Development. Hearings held.

Taxation

Related Bills

  • S 118-1557: Affordable Housing Credit Improvement Act of 2023
  • HR 118-10009: Revitalizing America’s Housing Act
Assault and harassment offensesBusiness investment and capitalCensus and government statisticsCrime victimsDisability and paralysisDomestic violence and child abuseEnergy efficiency and conservationHigher educationHousing and community development fundingHousing supply and affordabilityHuman traffickingIncome tax creditsIncome tax deductionsIncome tax exclusionIndian social and development programsInflation and pricesLandlord and tenantLighting, heating, coolingLow- and moderate-income housingMarriage and family statusResidential rehabilitation and home repairRural conditions and developmentSecuritiesSex offensesState and local financeState and local government operationsVeterans' loans, housing, homeless programs

Affordable Housing Credit Improvement Act of 2023

USA118th CongressHR-3238| House 
| Updated: 5/11/2023
Affordable Housing Credit Improvement Act of 2023 This bill revises provisions of the low-income housing tax credit and renames it as the affordable housing tax credit . The bill increases the per capita dollar amount of the credit and its minimum ceiling amount beginning in 2023 and extends the inflation adjustment for such amounts. The bill modifies tenant income eligibility requirements and the average income formula for determining such income. It also revises rules for student occupancy of rental units and tenant voucher payments, and prohibits any refusal to rent to victims of domestic abuse. The bill further modifies the credit to increase state allocations of the credit; repeal the qualified census tract population cap; prohibit consideration of local approval and local government contribution requirements for housing projects; increase the credit for certain projects designated to serve extremely low-income households; increase the credit for certain bond-financed projects designated by state agencies; eliminate the basis reduction for properties that receive certain energy-related tax benefits; and increase the population cap for difficult development areas (i.e., areas with high construction, land, and utility costs relative to area median gross income). The bill also includes Indian and rural areas as difficult development areas and modifies other requirements relating to casualty losses, tax-exempt bond financing, and foreclosures.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline

Bill from Previous Congress

HR 116-3077
Affordable Housing Credit Improvement Act of 2019

Bill from Previous Congress

HR 117-2573
Affordable Housing Credit Improvement Act of 2021
May 11, 2023
Introduced in House
May 11, 2023
Referred to the House Committee on Ways and Means.
Apr 16, 2024

Latest Companion Bill Action

S 118-1557
Committee on Banking, Housing, and Urban Affairs Subcommittee on Housing, Transportation, and Community Development. Hearings held.
  • Bill from Previous Congress

    HR 116-3077
    Affordable Housing Credit Improvement Act of 2019


  • Bill from Previous Congress

    HR 117-2573
    Affordable Housing Credit Improvement Act of 2021


  • May 11, 2023
    Introduced in House


  • May 11, 2023
    Referred to the House Committee on Ways and Means.


  • April 16, 2024

    Latest Companion Bill Action

    S 118-1557
    Committee on Banking, Housing, and Urban Affairs Subcommittee on Housing, Transportation, and Community Development. Hearings held.
Darin LaHood

Darin LaHood

Republican Representative

Illinois

Cosponsors (250)
Dusty Johnson (Republican)Doug LaMalfa (Republican)Dwight Evans (Democratic)Diana Harshbarger (Republican)David Schweikert (Republican)Kim Schrier (Democratic)Stacey E. Plaskett (Democratic)Donald Norcross (Democratic)David Kustoff (Republican)Marcy Kaptur (Democratic)Becca Balint (Democratic)Ryan K. Zinke (Republican)Tom Cole (Republican)Elise M. Stefanik (Republican)John Garamendi (Democratic)Wiley Nickel (Democratic)Jonathan L. Jackson (Democratic)Jared F. Golden (Democratic)Eric A. "Rick" Crawford (Republican)Ruben Gallego (Democratic)Chris Pappas (Democratic)Jared Huffman (Democratic)Jake LaTurner (Republican)Tim Burchett (Republican)Adam B. Schiff (Democratic)Barbara Lee (Democratic)Gabe Amo (Democratic)Guy Reschenthaler (Republican)Robin L. Kelly (Democratic)Raúl M. Grijalva (Democratic)Ashley Hinson (Republican)Ritchie Torres (Democratic)Robert Garcia (Democratic)Alexander X. Mooney (Republican)Brett Guthrie (Republican)Marie Gluesenkamp Perez (Democratic)Mark Pocan (Democratic)Joyce Beatty (Democratic)Lisa Blunt Rochester (Democratic)Jennifer L. McClellan (Democratic)Gabe Vasquez (Democratic)David J. Trone (Democratic)Emanuel Cleaver (Democratic)Brian Higgins (Democratic)John S. Duarte (Republican)Chrissy Houlahan (Democratic)Gregory F. Murphy (Republican)Raul Ruiz (Democratic)Derek Kilmer (Democratic)Jefferson Van Drew (Republican)Carlos A. Gimenez (Republican)Bill Foster (Democratic)Joe Courtney (Democratic)Robert J. Wittman (Republican)Lance Gooden (Republican)Zachary Nunn (Republican)Ilhan Omar (Democratic)Pete Aguilar (Democratic)Mike Ezell (Republican)Glenn Thompson (Republican)Greg Landsman (Democratic)Mike Carey (Republican)Claudia Tenney (Republican)Brad R. Wenstrup (Republican)Mariannette Miller-Meeks (Republican)Beth Van Duyne (Republican)Juan Vargas (Democratic)Terri A. Sewell (Democratic)Steven Horsford (Democratic)Young Kim (Republican)Jimmy Panetta (Democratic)J. Luis Correa (Democratic)William R. Timmons (Republican)Eric Swalwell (Democratic)Dina Titus (Democratic)Pete Sessions (Republican)David Rouzer (Republican)Kathy E. Manning (Democratic)John R. Curtis (Republican)Debbie Dingell (Democratic)Madeleine Dean (Democratic)Melanie A. Stansbury (Democratic)Steve Cohen (Democratic)Tony Cárdenas (Democratic)Suzan K. DelBene (Democratic)Jennifer Wexton (Democratic)Scott H. Peters (Democratic)Jerry L. Carl (Republican)Andrea Salinas (Democratic)Angie Craig (Democratic)Delia C. Ramirez (Democratic)Tim Walberg (Republican)Donald G. Davis (Democratic)Earl L. "Buddy" Carter (Republican)Rosa L. DeLauro (Democratic)Greg Casar (Democratic)Haley M. Stevens (Democratic)Jeff Jackson (Democratic)Andrew R. Garbarino (Republican)Frank J. Mrvan (Democratic)Danny K. Davis (Democratic)Ken Calvert (Republican)Daniel T. Kildee (Democratic)Jake Auchincloss (Democratic)Ted Lieu (Democratic)Ro Khanna (Democratic)Rudy Yakym (Republican)Maria Elvira Salazar (Republican)Dan Newhouse (Republican)Lloyd Smucker (Republican)Greg Stanton (Democratic)Thomas H. Kean (Republican)Barry Loudermilk (Republican)Ann M. Kuster (Democratic)Gus M. Bilirakis (Republican)Anna Paulina Luna (Republican)A. Drew Ferguson (Republican)Daniel Meuser (Republican)Don Bacon (Republican)Nikki Budzinski (Democratic)Andy Barr (Republican)Mario Diaz-Balart (Republican)Christopher H. Smith (Republican)James R. Baird (Republican)Darrell Issa (Republican)John B. Larson (Democratic)David P. Joyce (Republican)Mike Flood (Republican)Carol D. Miller (Republican)Mark DeSaulnier (Democratic)Joseph D. Morelle (Democratic)Emilia Strong Sykes (Democratic)Mike Kelly (Republican)Richard Hudson (Republican)Doris O. Matsui (Democratic)Hillary J. Scholten (Democratic)Sara Jacobs (Democratic)Roger Williams (Republican)Daniel S. Goldman (Democratic)Dean Phillips (Democratic)Jahana Hayes (Democratic)Kat Cammack (Republican)Morgan McGarvey (Democratic)John Joyce (Republican)Brad Finstad (Republican)Kelly Armstrong (Republican)Raja Krishnamoorthi (Democratic)James A. Himes (Democratic)Jerrold Nadler (Democratic)Cliff Bentz (Republican)Brittany Pettersen (Democratic)Alma S. Adams (Democratic)Anna G. Eshoo (Democratic)Ami Bera (Democratic)Nicholas A. Langworthy (Republican)Ron Estes (Republican)Josh Harder (Democratic)Mark Takano (Democratic)Blake D. Moore (Republican)John R. Moolenaar (Republican)John H. Rutherford (Republican)Laurel M. Lee (Republican)Charles J. "Chuck" Fleischmann (Republican)Betty McCollum (Democratic)Eleanor Holmes Norton (Democratic)James Comer (Republican)Val T. Hoyle (Democratic)Sharice Davids (Democratic)Brad Sherman (Democratic)Mark E. Green (Republican)Anthony D'Esposito (Republican)Henry Cuellar (Democratic)Larry Bucshon (Republican)Marcus J. Molinaro (Republican)Brandon Williams (Republican)Byron Donalds (Republican)Salud O. Carbajal (Democratic)Jim Costa (Democratic)Joe Neguse (Democratic)Mike Quigley (Democratic)Garret Graves (Republican)Donald S. Beyer (Democratic)Sean Casten (Democratic)Tony Gonzales (Republican)Sam Graves (Republican)Mike Bost (Republican)Scott DesJarlais (Republican)Janice D. Schakowsky (Democratic)Pete Stauber (Republican)David G. Valadao (Republican)Michael R. Turner (Republican)Michelle Steel (Republican)Julia Brownley (Democratic)Seth Magaziner (Democratic)John W. Rose (Republican)Derrick Van Orden (Republican)Rick Larsen (Democratic)Tom Emmer (Republican)Brian K. Fitzpatrick (Republican)Colin Z. Allred (Democratic)Earl Blumenauer (Democratic)Max L. Miller (Republican)Jay Obernolte (Republican)Deborah K. Ross (Democratic)Randy Feenstra (Republican)Juan Ciscomani (Republican)Lori Trahan (Democratic)Kevin Kiley (Republican)Elissa Slotkin (Democratic)Bill Posey (Republican)Suzanne Bonamici (Democratic)Monica De La Cruz (Republican)Yadira Caraveo (Democratic)Greg Pence (Republican)Josh Gottheimer (Democratic)Linda T. Sánchez (Democratic)Zoe Lofgren (Democratic)Nanette Diaz Barragán (Democratic)Michael Lawler (Republican)Nick LaLota (Republican)Jesús G. "Chuy" García (Democratic)Kevin Mullin (Democratic)Jason Crow (Democratic)Erin Houchin (Republican)Gwen Moore (Democratic)Jimmy Gomez (Democratic)Susie Lee (Democratic)Harold Rogers (Republican)Valerie P. Foushee (Democratic)Rashida Tlaib (Democratic)Bradley Scott Schneider (Democratic)Jack Bergman (Republican)Tracey Mann (Republican)Bill Johnson (Republican)Gerald E. Connolly (Democratic)Troy Balderson (Republican)Jennifer A. Kiggans (Republican)Chellie Pingree (Democratic)Bill Pascrell (Democratic)Patrick T. McHenry (Republican)Grace F. Napolitano (Democratic)Katie Porter (Democratic)Susan Wild (Democratic)Bryan Steil (Republican)Mike Levin (Democratic)Lori Chavez-DeRemer (Republican)Michael Guest (Republican)Nicole Malliotakis (Republican)Vern Buchanan (Republican)Judy Chu (Democratic)

Ways and Means Committee

Taxation

Related Bills

  • S 118-1557: Affordable Housing Credit Improvement Act of 2023
  • HR 118-10009: Revitalizing America’s Housing Act
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Assault and harassment offensesBusiness investment and capitalCensus and government statisticsCrime victimsDisability and paralysisDomestic violence and child abuseEnergy efficiency and conservationHigher educationHousing and community development fundingHousing supply and affordabilityHuman traffickingIncome tax creditsIncome tax deductionsIncome tax exclusionIndian social and development programsInflation and pricesLandlord and tenantLighting, heating, coolingLow- and moderate-income housingMarriage and family statusResidential rehabilitation and home repairRural conditions and developmentSecuritiesSex offensesState and local financeState and local government operationsVeterans' loans, housing, homeless programs