Industry Groups Outline Agenda For Federal Support for Housing

摘要

Federal support for affordable housing should include continued funding of effective low-income rental housing programs, creation of a new mixed-income production program, and preservation of the existing privately owned assisted rental stock, according to a joint policy statement from five industry organizations. The statement, which was issued by the American Bankers Association, America's Community Bankers, Mortgage Bankers Association, National Association of Home Builders, and National Association of Realtors, also addresses issues of tax policy, government regulation, and mortgage finance. The statement also suggests a broader role for HUD in coordinating federal policy on housing and community development issues, noting that 'Virtually every Cabinet agency" has programs, rules, or requirements affecting housing. "Without appropriate coordination, it will be difficult, if not impossible, to implement a national housing policy and attain our national housing goals," the statement says.