Broad Housing Coalition Calls on Lawmakers to Enact Policies Aimed at Broadening Housing Supply and Lowering Costs
30 Abril 2024 - 9:27AM
Business Wire
A broad coalition of groups representing America’s housing
providers, lenders and residents sent members of Congress and the
Biden administration a letter outlining a number of bipartisan
policies they can undertake that will expand housing supply while
lowering costs as they improve housing equity and opportunity.
In more and more communities, too many hard-working Americans
are unable to rent or buy homes due to increased housing costs.
These rising costs are driven by a lack of supply created by
barriers to development that increasingly make it extremely
challenging, if not impossible, to build housing at almost any
price point—particularly a price affordable to low- and
middle-income families. This is not sustainable, particularly in a
period of high inflation.
It is critical that we start now to enact policies that will
incentivize new housing production and preservation. We recommend
that policymakers immediately move forward on measures that would
go a long way to increasing the nation’s housing supply and
alleviate the housing affordability challenges communities across
the country are facing.
Housing has always been a bipartisan issue. Policymakers at
every level of government have a role to play in removing obstacles
to housing production and preservation and in addressing the
housing affordability challenges that have faced this country for
decades.
Using a combination of incentive-based programs, streamlined
regulatory burdens and innovative solutions, we stand ready to work
with Congress and the administration to address the housing
affordability challenges faced by communities across the
nation.
Letter signatories include:
American Land Title Association
National Affordable Housing Management
Association
American Seniors Housing Association
National Apartment Association
Argentum
National Association of Home Builders
Building Owners and Managers
Association
National Association of Residential
Property Managers
CCIM Institute
National Housing Conference
Commercial Real Estate Finance Council
National Leased Housing Association
Council for Affordable and Rural
Housing
National Multifamily Housing Council
Housing Advisory Group
NATIONAL ASSOCIATION OF REALTORS®
ICSC
The Real Estate Roundtable
Institute of Real Estate Management
Manufactured Housing Institute
Mortgage Bankers Association
NAIOP, the Commercial Real Estate
Development Association
Nareit
National Multifamily Housing Council
Based in Washington, D.C., the National Multifamily Housing
Council (NMHC) is where rental housers and suppliers come together
to help meet America’s housing needs by creating inclusive and
resilient communities where people build their lives. We bring
together the owners, managers, developers and suppliers who provide
rental homes for 40 million Americans from every walk of
life—including seniors, teachers, firefighters, healthcare workers,
families with children and many others. NMHC provides a forum for
leadership and advocacy that promotes thriving rental housing
communities for all. For more information, contact NMHC at
202/974-2300, e-mail the Council at info@nmhc.org, or visit NMHC's
website at nmhc.org.
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version on businesswire.com: https://www.businesswire.com/news/home/20240429498181/en/
Colin Dunn 202/974-2370 cpdunn@nmhc.org