7 Things You Need to Know About America’s Affordable Housing Crisis

With homeownership rates falling since the “Great Recession” of 2008-09, more than one-third of American households are now renters.  Many tenants struggle with rising rents and tightening supplies as their affordable housing options decline.  Government initiatives to address the rent burdened such as the low income housing tax credit (Section 42 LIHTC) program have not kept pace with these demographic and economic changes, and action will be needed to address…