Joco Today

U.S. Senator Roger Marshall of Kansas has joined Senators Todd Young of Indiana and Maria Cantwell of Washington to introduce the Affordable Housing Credit Improvement Act. This legislation aims to expand and enhance the Low-Income Housing Tax Credit (LIHTC), providing more affordable housing options for American families.

Currently, over 11 million families spend more than half of their household income on rent, impacting other essential needs like medication, groceries, childcare, and transportation. The LIHTC has contributed to the construction or renovation of over 4 million affordable housing units, benefiting nearly nine million American households. In Kansas alone, it has funded 33,866 housing units since 1987.

Senator Marshall stated, "At a time when Americans are still recovering from the failures of the Biden-Harris Administration, the Affordable Housing Credit Improvement Act provides much-needed relief to hardworking families and expands access to affordable housing." He further supported the tax policy during his tenure in the House of Representatives and continues to do so in the Senate, emphasizing the LIHTC's successful public-private partnership.

Senator Young also expressed the importance of affordable housing in Indiana and the entire country. He said, "The Affordable Housing Credit Improvement Act will leverage private sector investment to increase the stock of affordable housing in both urban and rural communities."

Alongside Senators Young and Cantwell, Senators Marsha Blackburn of Tennessee and Ron Wyden of Oregon are leading the Senate version of the bill. In the House of Representatives, Representatives Darin LaHood, Suzan DelBene, Claudia Tenney, Don Beyer, Randy Feenstra, and Jimmy Panetta introduced the bill.

Senator Blackburn highlighted that, "Ensuring access to affordable housing is a critical component in helping Tennessee continue to grow and prosper." Senator Wyden added, "Our bill will deliver some much-needed relief to families by supporting existing, successful federal housing programs and building over one million new units of affordable housing."

The Affordable Housing Tax Credit Coalition has endorsed the bill, with Chief Executive Officer Emily Cadik noting, "The overwhelming bipartisan support for the Affordable Housing Credit Improvement Act of 2025 underscores the critical need to increase the supply of affordable rental homes."

The text of the legislation is available for public access.