The Housing Crisis Solutions Coalition is a non-partisan nonprofit 501 C (6) organization consisting of Building Industry Leaders, Modular Building System Innovators, Industrialized Off Site Housing Producers, Manufacturered Housing Developers,  Engineering & Architectural Professionals and all other business, non-profit and charitable organizations directly or indirectly involved in our mission to solve the Affordable Housing Crisis. 

 

We are "SolutionMakers" ready, willing and able to "Fill the Building Gap" for America's Very Low to Middle Income Renters.  A priority is to build cost efficiently with minimal federal involvement. Working with private sector and public housing policymakers we can reduce barriers to mulitfamily developmnet.  Speed to market is mandatory to fill the building gap which is the only means to reducing crisis-level scarcity.   

 

The Harvard Joint Center on Housing Studies (JCHS) publishes an annual comprehensive report on Rental Housing.  Analysis has not changed over the last decade.  In fact, the affordable housing deficit is expanding with an annual net deficit exceeding 90,000 units in 2017.  HCSC SolutionMakers are working to reduce government barriers to building. 

 

Last October five U.S. Senators submitted a request to the General Accounting Office (GAO) asking: "What's the cost of not addressing America's affordable housing problem?" (See Housing Crisis Solution News)

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After ten long years the legacy commercial real-estate development sector has built hundreds of thousands of mulitfamily units througout the United States.  Unfortunately, virtually all of this housing stock is "market rate" with median national rental rates exceeding $1,500/Month. This prices over half of all American renters out of the market.

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What is needed is a major shift in policies related to Housing and Housing Finance Policy.  It starts with a pivot away from policies that promote and emphasize "homeownership."  In recent years, many policies that led to the 2008 financial failure have been revived and are now gaining momentum increasing market risks for everyone.   

 

The Affordable Housing Sector remains anchored to Washington D.C. directed regional programs.  Although affordable housing construction surged in prior decades due to the 1986 TAx Reform Act Low Income Housing Tax Credit, recent performance has only contributed to what is now a chronic crisis.   

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It's time to promote housing and economic policies and legislative solutions that minimize the risks of misguided homeownership advocacy and instead free-up regulated market forces and capital-flows to build low-cost quality multi-family housing and fill the supply gap. It is hightime to serously consider the economic benefits of Rentership and Homeownership parity.  The "New Housing Economy" is good for America. 

 

The present Affordable Housing Crisis, some argue, was seeded with the advent of the 30 Year Mortgage.  Others since, including George Romney with his attempt as an early HUD Secretary in 1970, have tried to include cost-efficient quality building systems as an alternative construction source to compete for tax-expenditures and development subsidies.  In the past these viable and attractive solutions were "stonewalled" and politicized by "Rent-Seekers" denying Resdential Renters real choice! 

 

New policies, new building technology, dergulation and new business management systems are the basis for our Housing Crisis Solutions Coalition. 

 

Passage of the Tax Cut & Jobs Act has voided many of the incentives for investors and builders to utilize the Low Income Tax Credit (LIHTC).  The program is unable to produce the quantity of housing necessary to meet explosive need.

 

The Housing Crisis Solutions Coalition is developing underwriting alternatives from the private sector without the necessity of incentivizing through taxpayer funded expenditures.  New buidling technologies are driving down the fundamental costs of truly cost-effective affordable housing.  New housing economy finance metrics are based on breaking the cost curve delivering realiable quality housing to scale. Policy & Legislative modernization recognizing alternative housing consruction, community development and investment financing can relieve the hardship of housing scarcity.

 

Low-Cost-Quality Workforce Housing Advocates and Free Market oriented Business and Charitable organizations working with experienced Commercial Real Estate Investment Banks, Investment Groups and Business oriented Social Impact Investment Funds can successfully challenge the Status-Quo that will continue to fail American workers. 

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Join the Housing Crisis Solutions Coalition to Make America Build Again!