1. Short title This Act may be cited as the Affordable Housing Equity Act of 2023 . 2. Buildings designated to serve extremely low-income households (a) Reserved State allocation (1) In general Section 42(h) of the Internal Revenue Code of 1986 is amended— (A) by redesignating paragraphs (6), (7), and (8) as paragraphs (7), (8), and (9), respectively