“… #LIHTC is the single most effective tool we have at our disposal in meeting the #housing needs of income-constrained American families. It is indispensable, even more so in the midst of a protracted housing affordability crisis.”

“… if the supply of affordable & workforce housing is not expanded, initiatives that enhance demand, however well intentioned, will likely have the unintended consequence of undermining affordability for the very populations they are intended to support.”

“… the combined impact of higher prices and #mortgagerates and limited entry-level home #construction is being felt disproportionally by families of color, younger families, and income-constrained families aspiring to homeownership.”

Thread covering @SamChandan’s Congressional testimony today before the House Financial Services Committee; @NYUStern @NYUSternCRE #SternRealEstate #Housing #HousingAffordability #HousingEquity …

@NYUStern’s @SamChandan will testify before the US House Financial Services Committee this Wednesday, joining hearings on the #housing market, #housingaffordability, and disparities in #homeownership. The hearings will be broadcast live at financialservices.house.gov/… #SternRealEstate

We are delighted to share #SternRealEstate has been ranked the #2 MBA Program for #RealEstate by US News. We are grateful for this recognition of the work our students, faculty, and staff, and for our collaboration with alumni, industry partners, and colleagues across NYU.