COLUMBIA, Md. (May 28, 2021) - Our country is still working to heal from a devastating health crisis, compounded for many by generations of racial inequities. We know that safe, affordable housing is key to our recovery, and it’s the foundation upon which economic opportunity is built. The housing investments released today in the Biden-Harris Administration’s Fiscal Year (FY) 2022 budget proposal are a bold commitment to our country’s future. They demonstrate that housing is central to the President’s vision for our country.
Expanding the Low-Income Housing Tax Credit and providing funding for critical resources like the HOME Investment Partnerships Program, the Housing Trust Fund, the Capital Magnet Fund, tenant- and project-based rental assistance, and other key programs will lead to meaningful change.
We urge Congress to advance this historic investment in our nation’s affordable housing infrastructure and help us create a country where home and community are steppingstones to more.