Senate Holds Hearing on Rental Housing Affordability

This article was written by Richa Goel, NAHRO’s Legislative Affairs Intern.

As rents skyrocket across the country, many Americans are struggling to find safe, affordable housing. On August 2, the Senate Banking, Housing, and Urban Affairs Committee held a hearing to discuss the impact of today’s housing market on renters and communities.

Chairman Sen. Sherrod Brown (D-OH) opened by discussing the impact of housing shortages on renters:

“We’re 3.8 million homes short of what we need. Not a single state in the country has enough housing. For the lowest income renters, there are just 36 units affordable and available for every 100 renters who need them…this huge shortage of housing means renters have to make do with what they’ve got.”

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