Affordable Housing Is Important
We believe everyone deserves the right to have safe, decent, affordable housing. With the continuing effects of the global pandemic and the resulting economic downturn, many Americans can no longer afford to own their own home or rent market rate rental units. Rising housing shortages are felt all across the country – according to estimates by Freddie Mac, in the two-year period from 2018 and 2020, national housing shortage increased 52% from 2.5 million to 3.8 million units. Affordable rental units, financed with Federal tax credits, are in greater demand than ever in recent history. Most affordable complexes are fully occupied with waiting lists of applicants.