Home Builders Urge Congress to Address Housing Affordability
More than 600 builders from across the nation trekked to Capitol Hill on June 15, 2022, for the National Association of Home Builders (NAHB) 2022 Legislative Conference to spotlight the growing housing affordability crisis that threatens to derail the economy and urge their lawmakers to support policies that will ease building material production bottlenecks and increase the production of quality, affordable housing.
“A growing shortage of affordable housing and rising housing costs stemming from historically high price levels for lumber and other building materials, supply chain bottlenecks, surging interest rates and excessive regulations are hurting families and communities nationwide,” said NAHB Chairman Jerry Konter, a home builder and developer from Savannah, Georgia. “Builders from across the nation are sending a loud and clear message that Congress must act now to help improve affordability conditions by implementing policies that will help builders to construct more single-family homes and apartments to meet consumer demand.”