(RECAP: Without leadership and effective policy from lawmakers, the nation will continue to fall small of meeting the growing demand for affordable multifamily housing. This was the key takeaway from today’s congressional testimony by Clyde Holland, chairman and CEO of Holland Partner Group, on behalf of the National Multifamily Housing Council and the National Apartment Association. Speaking before the House Committee on Financial Services Housing and Insurance Subcommittee, Holland outlined the primary reasons why America faces a growing affordability problem – stagnant wages, a supply-demand imbalance and numerous hurdles and regulations in developing new apartments – along with potential solutions.)
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