Supporting Bipartisan Policies to Tackle the National Housing Supply Shortage

Supporting Bipartisan Policies to Tackle the National Housing Supply Shortage

Across the nation, American families continue to grapple with an unaffordable housing market. The severe shortage of up to 5.5 million rental and for-sale homes—coupled with high interest rates and growing economic uncertainty—limits families from accessing housing that is affordable. This persistent lack of housing supply is a significant barrier to household economic mobility and an impediment to community and regional economic prosperity.

As a leading affordable housing capital provider, we know how foundational access to housing is for individuals and families across the country. That is why we believe that increasing housing supply across the income spectrum and throughout urban and rural communities in the United States is so vital to economic stability and growth. Recently introduced bipartisan bills in both the House and Senate aim to tackle this pressing challenge by measurably increasing housing supply and fostering a pro-growth economy.

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Source: JPMorganChase

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