MHI Responds to White House Announcements

In response to last week’s two White House announcements, MHI joined a coalition representing America’s housing providers, lenders and residents to send a letter to the White House urging caution over a series of counterproductive regulations that would hurt consumers and ultimately worsen the shortage of affordable housing nationwide.

Through the coalition letter MHI outlined how the arbitrary exclusion of the private sector from critical grants offered by the U.S. Department of Housing and Urban Development (HUD) hurts the affordable housing supply of the country.

The Fact Sheets, “Biden-Harris Administration Announces New Actions to Boost Housing Supply and Lower Housing Costs” and “The Price Isn’t Right: How Junk Fees Cost Consumers and Undermine Competition,” proposed additional federal regulation on top of what is already an overly complicated set of regulations and laws at the state and local levels. Such changes threaten to disincentivize investors, further shortening the supply and hurting our nation’s renters.

MHI will continue its advocacy on behalf of investor-owned land-lease communities to boost the affordable housing supply of America.