By Samantha Goldberg | Multi-Housing News
Political and industry leaders outlined strategies to surmount the affordable housing crisis during the 2016 ULI Spring Meeting
Philadelphia—”I’ve been in the housing business over 45 years and I’ve never seen a housing crisis in this country as bad as that that exists today,” said J. Ron Terwilliger, chairman of Terwilliger – Pappas Multifamily Properties and the ULI Terwilliger Center for Housing, at the 2016 Urban Land Institute Spring Meeting. He was the moderator for the panel “A New National Housing Policy,” during which notable politicians and real estate leaders discussed one of the conference’s hot topics of conversation: the affordable housing crisis.
Terwilliger noted the affordable housing problem is evident through the stats: the United States is losing 125,000 affordable rental units every year and one in six Americans families spend more than half their income on housing.
