Our team in Northern California recounts the challenges and celebrates the victories in affordable housing in 2025.

While the One Big Beautiful Bill Act contains many provisions we oppose, there are meaningful wins that will support the development of affordable housing and direct critical investments to underserved communities. These include the largest expansion of the Housing Credit since 2000 and the permanent extension of the NMTC after years of short-term renewals and expirations.

As baby boomers age and the national housing crisis deepens, there is an acute need for more affordable housing for older adults, including supportive housing.

On September 10, the House Ways and Means Committee released legislative text of infrastructure and community development tax provisions, which includes historic investments in all of Enterprise’s key affordable housing and community development tax priorities.