17 Mar BPC Action Statements on Housing Bills in Housing
Bipartisan LIHTC Legislation Will Help Address the Critical Shortage of Affordable Homes
Washington, D.C. – BPC Action supports the Affordable Housing Credit Improvement Act, S. 548, a bill reintroduced by Senators Cantwell (D-WA) and Hatch (R-UT) with 11 bipartisan cosponsors. The Low-Income Housing Tax Credit (LIHTC) is a 30-year-old program that has encouraged $100 billion in private investment in affordable rental housing. It is a proven tool, helping to support the construction and preservation of more than 2.8 million affordable rental homes in communities across America. This bipartisan bill builds on a key recommendation of two Bipartisan Policy Center reports, Healthy Aging Begins at Home and Housing America’s Future, which called for a 50 percent increase in federal support for LIHTC.
BPC Action urges Congress to pass this important legislation.
Senior Home Modification Bill Will Improve Access to Federal Resources and Promote Healthy Aging
Washington, D.C. – BPC Action applauds Senators King (I-ME), Collins (R-ME) and Schatz (D-HI) for reintroducing the Senior Home Modification Assistance Initiative Act, which will improve the ability of our nation’s seniors to age with better options in their homes and communities. By creating a cross-cutting initiative to coordinate, review, and promote the numerous federal resources for home modifications, this bill will help enable millions of older individuals to live more independently at home, as the majority of Americans prefer. The legislation closely aligns with recommendations released in BPC’s Senior Health and Housing Task Force report, Healthy Aging Begins at Home.
BPC Action looks forward to working with Congress to pass this important legislation.