CLPHA Featured in BisNow, a Commercial Real Estate Publication, Article about the Opportunity for Multifamily Properties in President Biden’s Housing Funding Request

Date Published: 
June 9th, 2021

CLPHA Executive Director Sunia Zaterman was quoted in BisNow’s recent article “Biden's Budget Includes 'Once in a Generation' Investment in Vouchers, Public Housing. Now Landlords Need to Get on Board,” offering CLPHA’s perspective on the Biden administration’s American Jobs Plan that would allocate $30 billion the Housing Choice Voucher program and $40 billion to public housing.

“To propose this level of investment in one fell swoop, it’s extraordinary,” Zaterman told BisNow. “There’s now a strong consensus that more could have and should have been done in 2008 and 2009 for reinvestment,” she added. “This $40B [proposal] does not meet the overall need, but it is extraordinary in the level that it raises the funding from our current baseline.”

Read BisNow’s article. (requires free registration for access to the article) 

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