Wednesday, August 2, 2017

NAHB Chairman Granger MacDonald speaks on housing affordability to U.S. Senate Finance Committee

Granger MacDonald greets Vice President Pence at the White House recently
NAHB Chairman of the Board, Granger MacDonald, yesterday addressed the Finance Committee of the U.S. Senate in a hearing titled "America's Affordable Housing Crisis: Challenges and Solutions."

The focus of the hearing was tax credits for low income housing, but also touched on labor shortages, regulatory burdens, and other issues which impact housing affordability.  South Carolina's Senator Tim Scott questioned MacDonald on the labor shortage issue as it impacts housing affordability.

"We are fortunate that our national chairman, Granger MacDonald, is well versed on the subject of housing affordability," Bob Barreto, President of the HBA of Greenville, said.  "His company has built and manages nearly 5,000 affordable rental housing units in his home state of Texas," Barreto said. "We also were proud to have Granger MacDonald as keynote speaker at our 2016 Annual Meeting."

Click here to view the hearing.  MacDonald's testimony begins at 1:00.30.  Senator Scott's questions of Chairman MacDonald begin at 1:48.00 and continue at 1:51.00.

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