Who We Are
The Affordable Housing Investors Council is a non-profit organization whose members invest in affordable housing by purchasing federal low-income housing tax credits. These investments drive the development of 90 percent of the housing in the United States for low-income families, seniors, and people with special needs, with more than 2.5 million homes developed over the last 25 years.
AHIC provides stimulating educational opportunities to investors, creates a lively forum for investors to network and share their insights on issues facing the field, and promotes the investor’s voice and perspective in this unique public/private partnership.
Through these activities, as well as the creation of best practices for the industry, we seek to preserve and strengthen the housing credit as an efficient and effective tool for the development of affordable housing.
Our members are professionals involved in tax, finance, accounting, asset management, and business development activities. They represent a diversity of sectors, from approximately 50 institutions of varying sizes and geographic reaches including banks, insurance companies, utilities, and other corporations.
The housing credit is an investment vehicle that raises on average $8 billion in private dollars for affordable housing a year, resulting in:
- the creation of more than 100,000 affordable homes
- 95,000 new jobs
- $7.1 billion in spending to benefit local economies
- $2.8 billion in federal, state and local taxes
AHIC’s membership invests in housing in every state plus Puerto Rico, the U.S. Virgin Islands and Guam and represents the vast majority of these investment dollars.
Learn more about AHIC by watching our 20th Anniversary Video here.