NCSHA Statement on White House Announcement on Renter Policies

The National Council of State Housing Agencies commends the Biden – Harris Administration for its continuing efforts to expand the supply of affordable housing and ensure low-income renters remain safely and affordably housed — objectives shared by all the nation’s state housing finance agencies.

Today’s White House announcement of federal actions and voluntary commitments by multifamily housing industry participants to promote “resident-centered” property management practices cites specific policies adopted by the Pennsylvania Housing Finance Agency and Wisconsin Housing and Economic Development Authority to maintain rents at reasonable levels in properties financed by those agencies.

These carefully tailored, state-specific policies were developed after detailed analysis, industry input, and public comment. Broader federal efforts should follow a similar approach to balance the needs of all the stakeholders in the affordable rental housing system.

About the National Council of State Housing Agencies 
For more than 50 years, state housing finance agencies have played a central role in the nation’s affordable housing system, delivering financing to make possible the purchase, development, and rehabilitation of affordable homes and rental apartments for low- and middle-income households.

The National Council of State Housing Agencies is a nonprofit, nonpartisan organization created to advance, through advocacy and education, the efforts of the nation’s state HFAs and their partners to provide affordable housing to those who need it. NCSHA’s vision: An affordably housed nation. Learn more at www.ncsha.org.

For more information, contact Lisa Bowman, Director of Marketing and Communications.