WASHINGTON, D.C. — Statement from the National Multifamily Housing Council (NMHC) and National Apartment Association (NAA) on the New Democrat Coalition’s work regarding America’s affordable housing crisis and the preliminary findings report on America’s Housing Crisis: Missing Millions of Homes.
Co-chaired by Representatives Denny Heck (D-WA), Stephanie Murphy (D-FLA), Scott Peters (D-CA), Juan Vargas (D-CA) and Jim Himes (D-CT), the New Democrat Coalition Housing Task Force released a report that found “housing is increasingly scarce” and that the solution, according to Congressman Heck, is “to change public policy to dramatically increase construction and build millions more homes.”
“NMHC/NAA were pleased to be invited to participate in conversations and contribute information as the Coalition considered these critical issues and prepared the report. The Coalition’s findings highlight many of the same themes as Vision 2030, a report by NMHC/NAA that laid out policy solutions to rising housing demand and which found the nation will need 4.6 million new apartments by 2030.
“It is more important than ever that private and public sectors to find ways to work together, streamline regulations and spur housing growth.”
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For more than 20 years, the National Apartment Association (NAA) and the National Multifamily Housing Council (NMHC) have partnered on behalf of America’s apartment industry. Drawing on the knowledge and policy expertise of staff in Washington, D.C., as well as the advocacy power of 160 NAA state and local affiliated associations, NAA and NMHC provide a single voice for developers, owners and operators of rental housing industry. Apartments and their 39 million residents support more than 12 million jobs and contribute $1.3 trillion to the economy.