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The reintroduction of the AHCIA may be signal that both Congress and the housing sector are ready to tackle America’s rental affordability crisis.

The Senate recently confirmed Bill Pulte as Federal Housing Finance Agency (FHFA) Director by a 56-43 vote. The FHFA oversees Fannie Mae, Freddie Mac, and the Federal Home Loan Bank System, which collectively provide more than $8.5 trillion in funding for U.S. mortgage markets and financial institutions. Currently, the FHFA sets and adjusts the annual investment cap for Fannie Mae and Freddie Mac in the LIHTC market.