Mike Crapo

The NHIA will not only increase access to affordable housing, it will also increase jobs and provide economic development around the country.

The good news is that Senator Cantwell from my State--along with Senator Young, Senator Blackburn, and Chairman Wyden--is poised to reintroduce the Affordable Housing Credit Improvement Act.

Unfortunately, for renters and potential homeowners, the mislabeled Inflation Reduction Act did nothing to address inflation and rising costs, but is in fact projected to exacerbate inflation in the near term.

One tax tool used to address the supply shortage and incentivize builders to create affordable homes is the Low-Income Housing Tax Credit, or LIHTC.

One tax tool used to address the supply shortage and incentivize builders to create affordable homes is the Low-Income Housing Tax Credit (LIHTC).

Several members of this committee have been working across the aisle to find affordable housing solutions.

Unfortunately for renters and potential homeowners, the mislabeled 'Inflation Reduction Act' did nothing to address inflation and rising costs.

Any additional funding should be provided via the congressional appropriations process, as so clearly intended under the Constitution.

The NHIA will not only increase access to affordable housing, it will also increase jobs and provide economic development around the country.

I think in Delaware we've made a fair amount of progress in recent years, including investing some $78 million from the American Rescue Plan in affordable housing.

I continue to hear from communities in Delaware--and actually outside Delaware--that need us to do a bit more.

We the people of the United States, in order to form a more perfect union

Cosponsoring this bill is the single most important thing each member of this committee and every member of the Senate can do to support affordable housing in your State.

Because safe, affordable housing is the most important foundation that families and communities can have, I urge you to support the Affordable Housing Credit and ensure that all communities throughout our country can build on this…

The good news is that Senator Cantwell from my State--along with Senator Young, Senator Blackburn, and Chairman Wyden--is poised to reintroduce the Affordable Housing Credit Improvement Act.

One tax tool used to address the supply shortage and incentivize builders to create affordable homes is the Low-Income Housing Tax Credit, or LIHTC.

Unfortunately, for renters and potential homeowners, the mislabeled Inflation Reduction Act did nothing to address inflation and rising costs, but is in fact projected to exacerbate inflation in the near term.

Unfortunately for renters and potential homeowners, the mislabeled 'Inflation Reduction Act' did nothing to address inflation and rising costs.

Thank you, Mr. Chairman, for being a steadfast champion of the Housing Credit and Housing Bonds for many years.

Any additional funding should be provided via the congressional appropriations process, as so clearly intended under the Constitution.

Several members of this committee have been working across the aisle to find affordable housing solutions.

I urge you to support the Affordable Housing Credit and ensure that all communities throughout our country can build on this foundation.

One tax tool used to address the supply shortage and incentivize builders to create affordable homes is the Low-Income Housing Tax Credit, or LIHTC.

The NHIA will not only increase access to affordable housing, it will also increase jobs and provide economic development around the country.

I look forward to discussing with today's witnesses ways to ensure that affordable housing is accessible and that the American dream of home ownership remains attainable.