August 8, 2022

By Peter Lawrence, Novogradac

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Addressing the county’s affordable housing crisis has become a top priority for Congress in recent weeks. That was made evident by three recent Senate hearings on the topic, which received bipartisan support.

The week of July 18 saw several Senate committees convene hearings to discuss the nation’s pressing housing needs. The Senate Banking Subcommittee on Housing, Transportation and Community Development July 19 held the Opportunities and Challenges in Addressing Homelessness hearing. The following day, the Senate Finance Committee held its hearing titled The Role of Tax Incentives in Affordable Housing. The Senate Banking, Housing, and Urban Affairs Committee concluded the week on July 21 with the hearing titled Priced Out: The State of Housing in America.