Getting Serious About Housing Supply: Series Launch Event – Dec 14
Posted by Bipartisan Policy Center on December 14, 2021
For decades, new housing production has lagged behind household growth in the United States, leading to an acute shortage of affordable homes. In 2021, the nation faced an estimated shortage of 5.5-6.8 million units. To close this “underbuilding gap,” the U.S. would need to construct 60% more units than were created in 2020 over the next decade. While the House-passed version of the Build Back Better Act would allocate about $150 billion towards housing initiatives, the new funding is projected to create just one million new affordable homes—millions of units short of what is required.
Join the Bipartisan Policy Center’s J. Ronald Terwilliger Center for Housing Policy as we kick off our “Getting Serious About Housing Supply” event series. This event, this first in a series exploring our nation’s housing shortage, will provide an overview of the demand-supply imbalance, its root causes, implications for renters and homeowners across the nation, and potential solutions.
This event will take place on Tuesday, December 14, 1:00-2:00 p.m. EDT.
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