The Housing Task Force of the New Democrat Coalition released a report on America’s housing crisis on June 6. The report, Missing Millions of Homes, discusses the rising cost of housing, the lack of affordable homes, and policy solutions.
The report states that shrinking federal investments in affordable housing are a primary cause of the rental crisis faced by very low and extremely low income families. Almost all sources of federal funding that support the maintenance and development of affordable homes are stagnant or declining after adjusting for inflation. Too many homes are being lost because of inadequate maintenance, and too few affordable homes are being built to keep up with the demand.
Read the full report at: https://bit.ly/2sCu8qj
Read the press release at: https://bit.ly/2sBr1yN