This article was written by Richa Goel, NAHRO’s Legislative Affairs Intern.
Affordable housing is becoming increasingly scarce in the United States. Last week, the Senate held three hearings discussing drivers and solutions to homelessness and the affordable housing crisis. On July 19th, the Housing, Transportation, and Community Development Subcommittee held a hearing addressing homelessness. The Finance Committee held a hearing on July 20th discussing the importance of tax incentives in affordable housing. On July 21st, the Senate Banking, Housing and Urban Affairs Committee held a hearing about rising costs in both the homebuying and rental markets.Continue reading