{"id":29509,"date":"2024-06-10T15:05:50","date_gmt":"2024-06-10T19:05:50","guid":{"rendered":"https:\/\/www.carh.org\/?p=29509"},"modified":"2024-06-10T15:05:50","modified_gmt":"2024-06-10T19:05:50","slug":"broad-housing-coalition-calls-on-lawmakers-to-address-rising-insurance-costs","status":"publish","type":"post","link":"https:\/\/www.carh.org\/broad-housing-coalition-calls-on-lawmakers-to-address-rising-insurance-costs\/","title":{"rendered":"Broad Housing Coalition Calls on Lawmakers to Address Rising Insurance Costs"},"content":{"rendered":"

\"\"<\/p>\n

June 10, 2024<\/p>\n

Today, a broad coalition of groups representing America\u2019s housing providers, lenders and residents\u00a0sent members of Congress and the Biden administration a letter<\/a>\u00a0outlining a number of bipartisan policies to address the causes of rising insurance premiums across the nation\u2019s housing market. The letter focused in particular on the significant negative impacts such increases have had on all stakeholders, including, but not limited to, single-family, multifamily, and affordable housing developers, lenders, investors, owners and our nation\u2019s renters.<\/p>\n

Rising insurance costs are one of several factors that are mostly beyond the control of housing providers, driving price increases. The volatility in the insurance market over recent years hinders the ability of housing providers to deliver the housing that is so desperately needed. Since housing costs are a major driver of inflation, addressing insurance and other operating costs challenges in the rental market will also have positive follow-on effects for the national economy.<\/p>\n

Ultimately, our primary objective in this letter is to ensure housing providers can meet the long-term housing needs of the nearly 40 million Americans who live in rental homes and continue to foster the growing contributions rental housing makes to our economy and communities throughout the country.<\/p>\n

Letter signatories include:<\/p>\n

\n
\n

Affordable Housing Tax Credit Coalition
\nAmerican Seniors Housing Association
\nArgentum
\nCouncil for Affordable and Rural Housing
\nCRE Financial Council
\nFairview Housing Partners
\nHousing Advisory Group
\nHousing Assistance Council
\nInstitute of Real Estate Management
\nLocal Initiatives Support Corporation
\nNational Affordable Housing Management Association
\nNational Apartment Association
\nNational Association of Home Builders
\nNational Association of Housing Cooperatives
\nNational Association of Residential Property Managers
\nNational Housing & Rehabilitation Association
\nNational Housing Conference
\nNational Leased Housing Association
\nNational Multifamily Housing Council
\nNational NeighborWorks Association
\nStewards of Affordable Housing for the Future
\nThe Real Estate Roundtable<\/p>\n<\/div>\n

(Reprint from NMHC Press Release<\/a>)<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

June 10, 2024 Today, a broad coalition of groups representing America\u2019s housing providers, lenders and residents\u00a0sent members of Congress and the Biden administration a letter\u00a0outlining a number of bipartisan policies to address the causes of rising insurance premiums across the nation\u2019s housing market. The letter focused in particular on the significant negative impacts such increases…<\/p>\n","protected":false},"author":263,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_cbd_carousel_blocks":"[]","footnotes":""},"categories":[1],"tags":[],"class_list":["post-29509","post","type-post","status-publish","format-standard","hentry","category-uncategorized","category-1","description-off"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.carh.org\/wp-json\/wp\/v2\/posts\/29509","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.carh.org\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.carh.org\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.carh.org\/wp-json\/wp\/v2\/users\/263"}],"replies":[{"embeddable":true,"href":"https:\/\/www.carh.org\/wp-json\/wp\/v2\/comments?post=29509"}],"version-history":[{"count":1,"href":"https:\/\/www.carh.org\/wp-json\/wp\/v2\/posts\/29509\/revisions"}],"predecessor-version":[{"id":29511,"href":"https:\/\/www.carh.org\/wp-json\/wp\/v2\/posts\/29509\/revisions\/29511"}],"wp:attachment":[{"href":"https:\/\/www.carh.org\/wp-json\/wp\/v2\/media?parent=29509"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.carh.org\/wp-json\/wp\/v2\/categories?post=29509"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.carh.org\/wp-json\/wp\/v2\/tags?post=29509"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}