Oakland Mayor Libby Schaaf Signs Bipartisan Letter On Affordable Housing.

The legislation is  Affordable Housing Credit Improvement Act of 2019 . The bill would expand the Affordable Housing Tax Credit – also known as the Low Income Housing Tax Credit – creating more than 550,000 new units than would otherwise be built.

Affordable Housing Credit Improvement Act of 2019

The legislation would also strengthen veteran-specific housing options and allow states to increase the credits available for projects in rural areas.