the annual per capita credit allocation and small State minimum by 50 percent, phased in over 5 years. In March 2018, several provisions of the Affordable Housing Credit Improvement Act of 2017 were enacted as part of the Consolidated Appropriations Act, 2018 ( Public Law 115–141 ). (b) Sense of the Senate It is the sense of the Senate that— (1) the low-income housing tax credit under section 42 of the Internal Revenue Code of 1986 is a critically important Federal Government policy tool to encourage the production of affordable housing for low-income families