There is no American dream without the American Home
Statement of David M. Dworkin, President and CEO
Washington, DC – (RealEstateRama) — President Trump has called for “our New American Moment,” declaring that “there has never been a better time to start living the American dream.” But there is no American dream without the American Home.
Home is the foundation of the American family; but that foundation is at risk of crumbling. Our housing infrastructure has deteriorated along with our roads, bridges and water systems, with devastating impact on every American. We need more opportunities for homeownership and more production of affordable rental units. President Trump’s voters are not going to experience the recovery as long as their homes are no longer wealth-building assets because the housing recovery has passed them by.
We can rebuild the infrastructure of the American home by increasing allocations to the National Housing Trust Fund and the Capital Magnet Fund – successful housing programs which are funded by the mortgage industry, not taxpayers. We can also rebuild it by increasing the allocation to the Low Income Housing Tax Credit, the most effective public-private partnership in American history, which has successfully created over 3 million units of affordable housing since 1986. Expanding the housing tax credit will help make housing more affordable, create much-needed construction jobs, and improve neighborhoods across communities throughout the U.S.
The National Housing Conference has been Investing in Our American Home since 1931.
#ourAmericanHome #housing #SOTU #infrastructure @nationalhousingconf @davidmdworkin
About NHC: Everyone in America should have equal opportunity to live in a quality, affordable home in a thriving community. The National Housing Conference educates decision makers and the public about housing policies and practices to move housing forward together. 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. Founded in 1931, we are a nonpartisan, 501(c)3 nonprofit organization.