March 9, 2017
- Goldman Sachs held its 5th annual housing and finance conference in New York, NY. Conference goers analyzed three major issues facing the U.S. housing market such as housing reform, housing market deregulation, and potential new leaders of housing regulatory agencies.
- The Affordable Housing Credit Improvement Act was reintroduced in the Senate by Senator Cantwell and Hatch. The act seeks to increase the housing credit by 50%; thereby, improving the nation’s affordable housing issues. A similar bill was introduced in 2016 by the Senators but did not achieve success. Maybe a second introduction of the bill will prove worthwhile.
- Mayor Martin Walsh of Boston Massachusetts, made incredible housing progress in the city regarding housing needs due to a recent increase in population. To date, he has created a “state of the art homeless shelter” and approved a plan to create an additional 20,000 housing units.