Senator Marshall Joins Senators Young and Cantwell Introducing Legislation to Address Housing Affordability

Washington – U.S. Senator Roger Marshall, M.D. (R-Kansas) joined U.S. Senators Todd Young (R-Indiana) and Maria Cantwell (D-Washington) in introducing the Affordable Housing Credit Improvement Act, which would expand and strengthen the Low-Income Housing Tax Credit (LIHTC) and provide more affordable housing options for American families.

Over 11 million families must allocate more than 50% of their household income to rent, cutting down on other critical expenditures like medication, groceries, childcare, and transportation. The LIHTC has built or restored more than 4 million affordable housing units – benefiting nearly nine million American households, generating 6.6 million jobs, and spurring more than $746 billion in wages. In Kansas, the Affordable Housing Credit Improvement Act has funded 33,866 housing units since 1987.

“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,” said Senator Marshall. “I was proud to champion this tax policy during my time in the House of Representatives, and I am proud to continue supporting it in the Senate. The Low-Income Housing Tax Credit is a public-private partnership with a proven track record of success.”

“Affordable housing is needed in Indiana and across the country,” said Senator Young. “The Affordable Housing Credit Improvement Act will leverage private sector investment to increase the stock of affordable housing in both urban and rural communities.  As a result, this will help to tackle the housing affordability crisis head on to help Hoosier families, expand our workforce, and strengthen our communities.” 

In addition to Senators Young and Cantwell, Senators Marsha Blackburn (R-Tennessee) and Ron Wyden (D-Oregon) led the Senate version of the bill. 

The Affordable Housing Credit Improvement Act was also introduced in the House of Representatives by Representatives Darin LaHood (R-Illinois-16), Suzan DelBene (D-Washington-01), Claudia Tenney (R-New York-24), Don Beyer (D-Virginia-08), Randy Feenstra (R-Iowa-04), and Jimmy Panetta (D-California-19).

“Ensuring access to affordable housing is a critical component in helping Tennessee continue to grow and prosper,” said Senator Blackburn. “The Affordable Housing Credit Improvement Act strengthens the Low-Income Housing Tax Credit, an important tool that helps to drive private sector investment in affordable housing for all Americans, including our nation’s veterans and seniors.”

“It’s time for Congress to meet the housing crisis with the bold solutions it demands and that starts with increasing housing supply,” said Senator Wyden. “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. I am all in to bring down costs and make housing more affordable for everyone no matter your zip code.” 

The Affordable Housing Tax Credit Coalition endorsed the bill.

“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,” said Affordable Housing Tax Credit Coalition Chief Executive Officer Emily Cadik. “We thank Senator Todd Young, Senator Maria Cantwell, Senator Marsha Blackburn, and Senator Ron Wyden for their leadership and the 30 bipartisan cosponsors for supporting this commonsense solution to expand and strengthen the Low-Income Housing Tax Credit, a proven, pro-growth tool with a nearly 40-year record of leveraging private investment to fill a critical need.”

The full text of the legislation can be found here.