Affordable Housing for Veterans

Even before the COVID-19 crisis, over 37,000 veterans were homeless in the United States, and there is a shortage of service-enriched affordable housing centered on veterans’ needs. The Low-Income Housing Tax Credit (Housing Credit) is a key solution to help address the vast and growing need for affordable homes for our nation’s veterans. Since 1986, the Housing Credit has served as our country’s primary tool to finance the production and preservation of affordable housing, resulting in 3.5 million affordable homes.

Today we have the opportunity to help ensure all our veterans have access to the safe, stable, and affordable housing the Housing Credit provides by passing key provisions to expand and strengthen the program through the Build Back Better reconciliation bill. These proposals stem from broadly supported, bipartisan legislation.

Hear from veterans who live in Housing Credit properties, see support from members of Congress, and explore examples of affordable housing for veterans across the country, below.

Tom and Dave, residents of St. Michael's Haven, Walla Walla, WA. Photo Credit: Washington State Housing Finance Agency

37,252

veterans experienced homelessness on any given night in 2020

660,000+

low-income veterans spend more than half their income on rent

8%

of adults experiencing homelessness are U.S. Military veterans

Veteran Resident Stories

Gerald Hurt

Bill Marinelli

Ricky Fitzpatrick

Nathan and Davina, Part 1

Nathan and Davina, Part 2

Earl Hill

Victory Park, Lincoln, NE

Woda Cooper Companies Homes

Travis Street Plaza, Houston, TX

Support from Members of Congress

Young
Walorski
Veterans quotes
Crow

How the Housing Credit Serves Veterans

Milwaukee Soldiers Home

Milwaukee, WI

Renaissance Veterans Apartments at Fitzsimons

Aurora, CO

Victory Park Veterans Residence

Lincoln, NE

Hope Manor Joliet

Joliet, IL

Liberty Landing

Lake Ronkonkoma, NY

Bastion Community of Resilience

New Orleans, LA

Silver Star Apartments

Battle Creek, MI

Bensalem Veterans Residences

Bensalem, PA

Valor Pointe

Boise, ID

More Examples of Housing Credit Properties for Veterans

How can we serve more veterans?

The Housing Credit is the nation’s primary tool to finance the development of affordable housing, so any effort to address the growing affordable housing crisis must include an expansion of the Housing Credit. By expanding and strengthening the Housing Credit, we could provide safe, stable, affordable homes for more low-income households across the country, including veterans.

The recently updated version of the House Build Back Better reconciliation legislation includes historic investment in the Housing Credit that could provide nearly 812,000 additional affordable homes over the next decade. The Housing Credit measures include a proposal to support the financial feasibility of properties serving extremely low-income or formerly homeless households, including formerly homeless veterans. The AHTCC urges Congress to pass these key Housing Credit production provisions through the final reconciliation bill.

The Housing Credit production proposals in the updated reconciliation bill stemmed from the bipartisan Affordable Housing Credit Improvement Act (AHCIA) of 2021, which is the AHTCC’s highest legislative priority. In total, the AHCIA could provide over two million additional affordable homes. The bill is supported by over half the House of Representatives and 30 Senators.