S 1515 United States Senate · 119th Congress

Affordable Housing Credit Improvement Act of 2025

The Affordable Housing Credit Improvement Act of 2025 updates the Low-Income Housing Tax Credit program to increase affordability and accessibility for low-income households. It raises state allocation amounts through revised per capita calculations, modifies income eligibility rules to better serve extremely low-income households, and adds protections for domestic violence victims in housing. The bill expands "difficult development areas" to include rural areas and Indian lands, and changes the program's name from "Low-Income Housing Credit" to "Affordable Housing Credit" to better reflect its purpose. These changes aim to make affordable housing more accessible while improving transparency and accountability in the program's implementation.
Bill status in committee 1 of 4 stages cleared
Introduction
Apr 2025
Committee Review
Floor Vote
President
Introduced Apr 29, 2025 Last action Apr 29, 2025
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Full legislative history

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Total actions
2
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0
Committee
1
Apr 29, 2025
Committee
Read twice and referred to the Committee on Finance.
upper
Apr 29, 2025
Introduced
Introduced in Senate
upper
1 primary · 41 co-sponsors

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