AZ’s Sen. Gallego among sponsors of legislation to boost affordable housing supply

U.S. Sen. Ruben Gallego, D-Ariz., introduced the bipartisan Housing Affordability Act, which aims to increase the supply of affordable housing by enlarging multifamily development loans.

“We need to make building homes easier and cheaper,” Gallego said. “By updating a nearly two-decade-old loan limit, the Housing Affordability Act will expand access to affordable loans for building multifamily housing and ultimately bring down housing costs.”

Source: https://www.thecentersquare.com/arizona/article_536d8d62-f243-4128-96d4-44ee9e3170ff.html

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