Statutory Hurdles for Affordable Housing

What’s happening? There is a “current [federal] rule that prohibits property acquisition for affordable housing use in the first 10 years after a change in the property’s ownership”

Why is this important? it is seen as an obstacle to building new affordable housing.

How will this be important? Whether states follow suit to change laws that make affordable housing easier to be built.

Daily Camera | Rep. Joe Neguse proposing affordable housing bills