Political and industry leaders outlined strategies to surmount the affordable housing crisis during the 2016 ULI Spring Meeting.

(RECAP: J. Ron Terwilliger, chairman of Terwilliger – Pappas Multifamily Properties and the ULI Terwilliger Center for Housing, was the moderator for the panel “A New National Housing Policy,” at the at the 2016 Urban Land Institute Spring Meeting. During the meeting, 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 U.S. is losing 125,000 affordable rental units every year and one in six Americans families spend more than half their income on housing. With the number of low-income families struggling to find affordable housing only growing, several panelists expressed the need for a new national housing policy that promotes homeownership and makes rental housing more affordable.)