LeadingAge Testifies to Congress on the Need for More Housing Resources
(July 30, 2024) On July 24th, LeadingAge testified before Congress at a House Financial Services Committee hearing on the need for more affordable housing supply. Linda Couch, LeadingAge’s Senior Vice President (SVP) of Policy and Advocacy, was one of four witnesses called by the Subcommittee on Housing and Insurance to provide testimony at the hearing titled “Housing Solutions: Cutting Through Government Red Tape.”
During the hearing, lawmakers questioned SVP Couch and the other witnesses, who represented the National Home Builders Association, the National Multifamily Housing Council (also representing the National Apartment Association), and Compton Jones and Dresher LLP, an affordable housing-focused law firm. The questions explored the impacts of key federal regulations, including environmental and accessibility requirements, on housing supply and development.
In her testimony, SVP Couch stated: “For more and more older adults, the lack of affordable housing, and the reality of losing stable housing, results in homelessness. In fact, older adult homelessness is the fastest growing type of homelessness in America today.” Couch went on to provide examples of years-long waitlists at many affordable senior housing communities and stated that “the United States must use every available tool to preserve and improve existing affordable housing … LeadingAge supports a swift and significant expansion of programs to expand the supply of affordable housing for all households, including older adult households.” Regarding breaking down barriers to affordable housing, SVP Couch stated that affordable housing rules can be complicated, and that LeadingAge supports efforts like the U.S. Department of Housing and Urban Development’s (HUD) Pathways to Removing Obstacles to Housing (PRO Housing) program, which provides funding to communities for planning and policy activities to allow for higher-density zoning and rezoning, streamlining affordable housing development, and reducing requirements related to parking and other land use restrictions.
Unlike recent hearings that veered into tense partisan disagreements, lawmakers were cordial and constructive throughout the subcommittee hearing. Full Committee Chairman Warren Davidson (R-OH-08) focused heavily on environmental requirements that add time and cost to construction timelines. Ranking Member Maxine Waters (D-CA-43) asked pointed questions about the lack of accessibility throughout the housing stock, and other lawmakers addressed the need for a solution to property and liability insurance costs, as well as bringing down construction costs and addressing the racial wealth gap. When asked if more federal subsidy would be beneficial for affordable senior housing, SVP Couch said: “Bring it. We are ready.”
Contact: Annalyse Komoroske Denio, akomoroskedenio@leadingageny.org, 518-867-8866