1. Short title This Act may be cited as the Access to Affordable Housing Act . 2. Increases in State allocations for low-income housing credit (a) Phase-In of increases (1) In general Clause (ii) of section 42(h)(3)(C) of the Internal Revenue Code of 1986 is amended— (A) by striking $1.75 in subclause (I) and inserting the per capita dollar amount ; and (B) by striking $2,000,000 in subclause (II) and inserting the minimum ceiling amount . (2) Per capita dollar amount; minimum ceiling amount Subparagraph (I) of section 42(h)(3) of such Code is amended to read as follows: (I) Per capita dollar amount; minimum ceiling amount For purposes of this paragraph— (i) Per capita dollar amount The per capita dollar amount is— (I) for calendar year 2017, $2.35, (II) for calendar year 2018, $2.59, (III) for calendar year 2019, $2.82, (IV) for calendar year 2020, $3.06, (V) for calendar year 2021, $3.29, and (VI) $3.53 thereafter. (ii) Minimum ceiling amount The minimum ceiling amount is— (I) for calendar year 2017, $2,710,000, (II) for calendar year 2018, $2,981,000, (III) for calendar year 2019, $3,252,000, (IV) for calendar year 2020, $3,523,000, (V) for calendar year 2021, $3,794,000, and (VI) $4,065,000 thereafter. . (3) Modification of cost-of-living adjustment Subparagraph (H) of section 42(h)(3) of such Code is amended— (A) by striking 2002 in clause (i) and inserting 2017 ; (B) by striking the $2,000,000 and $1.75 amounts in subparagraph (C) in clause (i) and inserting the dollar amounts applicable to such calendar year under clauses (i) and (ii) of subparagraph (I) ; (C) by striking 2001 in clause (i)(II) and inserting 2016 ; (D) by striking $2,000,000 in clause (ii)(I) and inserting minimum ceiling