NHP Foundation CEO, Richard Burns, published an op-ed in The Hill on “troubling trends in housing for the new decade” in which he identifies three data trends that are cause for concern:

  1. cost-burden rates rise among middle- and higher-income households;
  2. supply of low-cost rentals dropped by 4 million units since 2011; and
  3. restrictions on nearly 1.2 million affordable units are set to expire by 2029.

“In 2020, and over the next decade, everyone in the affordable housing equation will need to produce bolder ideas, speak louder to their representatives, foster greater thought leadership, and be more proactive and bullish in their mission to preserve and create more affordable rental units. If the status quo remains, conditions will continue to worsen and we will be unprepared and ill-equipped for our future affordable housing needs.”