The National Association of Home Builders (NAHB) directly responded to President Trump’s recent tweet on low-income housing by setting up a meeting with the White House. The aforementioned tweet stated that suburban residents would “no longer be bothered” by low-income housing in their neighborhoods. As an association that supports the intent of the Affirmatively Furthering Fair Housing rule—though admitting the ruling has its flaws—NAHB quickly released a statement regarding their stance on supporting more affordable housing. Chairman Chuck Fowke called Trump’s comment an uncalled for line of attack, and a phone call with HUD Secretary Ben Carson was scheduled. Read more to see what NAHB had to say.
NAHB Chairman Chuck Fowke made this perfectly clear when he issued a statement to members that said: “NAHB has taken a strong stand that it supports the intent of Affirmatively Furthering Fair Housing while acknowledging that the rule has had serious problems in implementation at the state and local level. Unfortunately, when the president decided to repeal the rule, he took a line of attack that was uncalled for. NAHB supports the creation of affordable housing wherever it’s needed, including suburban areas.”
Unlike other groups that resorted to simply throwing out empty statements, hollow condemnations and then lauded themselves for their stance, NAHB moved into action by reaching out to the White House and succeeded in getting the administration to agree to a meeting.
Advertisement
Related Stories
Demographics
Gen Z Ranks Housing Affordability as Biggest Concern Ahead of 2024 Presidential Election
While the issue is most important to young voters, 80% of Americans rank housing affordability as a top priority when considering who will have their vote
Affordability
Cinnaire Closes $175M Equity Fund to Create or Preserve More Than 1,200 Affordable Homes in the Midwest
To date, the nonprofit organization has closed more than $5 billion in tax credits for affordable housing in 10 states
Financing
10 States Where Shopping Around for a Mortgage Really Pays Off
In California, homebuyers could see savings of more than $130,000 over the lifetime of their loans