These are the housing bills now in front of Congress

These are the housing bills now in front of Congress

Despite the lack of significant momentum on housing issues from government leaders this year, members in the U.S. House of Representatives from both major political parties have come together to introduce multiple housing-related bills. Two bills in particular are aimed at boosting housing supply and improving prices for buyers and renters. Reps. Mike Kelly (R-Penn.) and John Larson (D-Conn.) reintroduced the “Neighborhood Homes Investment Act” …

Affordable Housing Credit Improvement Act Reintroduced in House

On April 8, 2025, the Affordable Housing Credit Improvement Act (AHCIA) was reintroduced in the House with the support of over 100 bipartisan original co-sponsors. The Senate version of the bill is expected to be reintroduced in the coming weeks. This vital legislation aims to bolster the financing and development of affordable housing across the nation by expanding and strengthening the Low-Income Housing Tax Credit (LIHTC). It is projected to …

Senate committee hears Peters-backed legislation aimed at providing tax credit for affordable housing development

SPRINGFIELD — On Wednesday, the Senate Revenue Committee held a subject matter hearing on a measure spearheaded by State Senator Robert Peters that would address Illinois’ affordable housing crisis by creating a state-level housing tax credit, unlocking millions in federal funds and driving new private investment in housing development. “Senate Bill 62 is about building homes, creating jobs and making sure working families across Illinois can af…