Habitat for Humanity CEO Joins in Conversation on State of The Nation's Housing
Jonathan Reckford, CEO of Habitat for Humanity International, participated in a panel discussion on affordable housing.
On June 25, the Join Center for Housing Studies release the 2019 State of the Nation's Housing. The report details much of the current need when it comes to affordable housing, supported by specific data.
That same day, a panel discussion was held at Federal Reserve Bank of Atlanta. Habitat for Humanity CEO, Jonathan Reckford, joined the conversation alongside four other panelists. The talk included Moderator Amy Scott, Senior Correspondent of Housing Marketplace; Raphael Bostic, President and CEO of Federal Reserve Bank of Atlanta; Chris Herbert, Managing Director of Harvard University's Join Center for Housing Studies; and Carol Tome, Chief Financial Officer of Home Depot.
Habitat for Humanity was a proud sponsor of this year's report, through the Cost of Home campaign. While the report finds that the number of households paying 30 percent or more of their income on housing is slowly dropping, there is still more work to be done. Too many low-income renters and homeowners still face acute affordability challenges and new home construction is falling short of the need, especially as the stock of private low-cost rental homes continues to plummet. Another major concern is that the white-black homeownership gap widened over the past two years, even as the nation’s overall homeownership rate inched up.
The report clarifies how, if we’re concerned about affordability and helping everyone have a fair chance at homeownership, we need to pay attention to the whole housing ladder, including renters with the lowest incomes. The report also points to several types of policy change that could help. Many of these solutions are similar to those we are pursuing through the Cost of Home campaign.
Help us make the Cost of Home something we can all afford. Learn more about Habitat for Humanity's advocacy campaign and how you can take action today.
To read the full report, click here.
To watch Jonathan Reckford speak at the panel discussion, click here.