NCSHA Issues Statement for House Hearing on Multifamily Housing Regulatory Costs
NCSHA issued the following statement as the House Subcommittee on Housing and Insurance began a hearing on “The Cost of Regulation on Affordable Multifamily Development” on September 5, 2018. The hearing focused on the various federal, state, and local regulations and policies that affect affordable multifamily housing development. It will identify regulatory barriers that inhibit or prevent the development of affordable housing, to assess how these barriers affect the cost of building and maintaining affordable housing, and to offer suggestions on how such policies should change to meet future demand for such units.