On February 13, the House Ways and Means Committee held a hearing on “How
In the article, Burns explained: “millennials and baby boomers alike are expected to join those already in need of affordable housing — the low-income families, veterans and senior citizens.” The proportion of rent-burdened low- to middle-income residents is continuing to increase, while the production of affordable housing continues to lag, and the federal minimum wage remains too low to pay for even modest apartments. But according to Mr. Burns and Rep. DelBene, we can’t let these challenges keep us from trying to find solutions. With Congress’ support, cross-sector collaboration, and ingenuity, we can meet the nations’ growing affordable housing challenges. Passing the AHCIA will be an essential step toward this goal.
For more information about forthcoming Housing Credit legislation, please register for this webinar being held On Wednesday, February 20 at 2:00 pm ET. Emily Cadik, AHTCC Executive Director, will discuss the future of the Housing Credit and the Affordable Housing Credit Improvement Act. The webinar will be hosted by the National Housing Conference as part of their Restoring Neighborhoods Task Force series.