I rise today to speak about the introduction of Senate legislation to help us deal with the affordable housing crisis in the United States of America. Many of my colleagues know how pervasive this problem is. Not only is affordable housing a crisis, but the homeless population that results from not having enough housing stock in the United States of America is also a crisis and ends up costing us more money to deal with the same population. This is not a new issue. It is not a new problem. We have been trying to fight to address this issue in the U.S. Senate and to deal with the affordable housing crisis for years, but the magnitude of the problem is getting worse. We need to respond by helping to increase supply. That is because we have so many demographic trends which we see in report after report citing and documenting what is happening in the United States of America. We have an ever-increasing senior population that is living longer and baby boomers reaching retirement, many of whom need more affordable housing than there is in the marketplace. We have returning veterans from our overseas missions who are coming home and who also need affordable housing. We need workforce housing.…
On the recordJune 4, 2019
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