"Too many families are getting priced out of their communities because of the skyrocketing cost of housing, Warner said. If we want to make housing more affordable, we need to get creative and take advantage of opportunities that already exist. The YIGBY Act is about breaking down barriers and giving faith communities and colleges the support they need to put their land to work creating safe, affordable homes."
"The bill would: Provide technical assistance to faith-based organizations and higher education institutions interested in developing affordable rental housing. Offer technical assistance to local governments on streamlining permitting and reducing barriers. Create $50 million annually in grants for communities that adopt policies removing barriers to housing development on such properties. Legislation has drawn support from groups including the United Church of Christ, Lutheran Services in America, LeadingAge, True Ground Housing Partners, Virginia Housing Alliance and the Local Initiatives Support Corporation."
Skyrocketing housing costs are pricing many families out of their communities. The YIGBY Act aims to remove barriers and enable faith communities and colleges to use their land to create safe, affordable rental homes. The bill would provide technical assistance to faith-based organizations and higher education institutions, assist local governments in streamlining permitting, and establish $50 million in annual grants for communities that adopt policies removing development barriers on such properties. The proposal has support from multiple faith and housing organizations and complements other housing measures and a bipartisan Senate package to convert vacant buildings into affordable homes.
Read at www.housingwire.com
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