11 National Organizations Send Letter to Congressional Leadership Calling for Swift Passage of Revised Legislation
Today, the undersigned organizations representing the nation’s rental housing providers and tens of millions of residents sent a letter to Congressional leadership signaling their strong support for the revised 21st Century ROAD to Housing Act.
Crucially, the revised bill preserves Build-to-Rent (BTR) housing, thereby safeguarding the development of hundreds of thousands of rental homes and benefiting the individuals and families who are building their lives in those homes. Professional housing providers and the sources of capital that support them are an important resource for Americans who need more housing options. This legislation will help preserve flexible housing options for renters, ease affordability challenges and provide more opportunity for households on the path toward homeownership.
Housing affordability has never been as critical an issue for American voters, and we stand ready to work with policymakers to ensure the final bill advances the goal of lowering costs while providing greater housing choice in communities across the nation.
We thank both the House and the Senate for their leadership on this issue and now call on Congress to pass this bipartisan bill quickly and deliver it to the President for his signature.
Signatories Include:
Affordable Housing Tax Credit Coalition
Leading Builders of America
Mortgage Bankers Association (MBA)
National Apartment Association (NAA)
National Association of Home Builders (NAHB)
National Housing Conference (NHC)
National Leased Housing Association (NLHA)
National Multifamily Housing Council (NMHC)
National Rental Home Council (NRHC)
Nareit
Real Estate Roundtable (RER)
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, email the Council, or visit NMHC's website at nmhc.org.