President Biden’s infrastructure plan represents a major achievement in recognizing housing as essential human infrastructure. The historic level of funding proposed would be an investment in the future of our country by addressing the persistent affordable housing needs faced by millions of Americans. Increasing and preserving housing stock that is affordable creates jobs, fights social and economic inequities, and helps stabilize our economy.
We strongly endorse the Neighborhood Homes Investment Act and the expansion of the Low Income Housing Tax Credit, both of which already have earned broad, bipartisan support and are in the president’s proposal. These proposals would contribute to closing the nation’s housing affordability gap though the construction and rehabilitation of properties in lower income communities.
About NHC: The National Housing Conference has been defending the American Home since 1931. Everyone in America should have equal opportunity to live in a quality, affordable home in a thriving community. NHC convenes and collaborates with our diverse membership and the broader housing and community development sectors to advance our policy, research and communications initiatives to effect positive change at the federal, state and local levels. Politically diverse and nonpartisan, NHC is a 501(c)3 nonprofit organization.