America is in the midst of a silent housing crisis. Rising rents are wreaking havoc on families across America: more than 11 million households spend in excess of 50 percent of their incomes just on rent. At the same time, fewer and fewer Americans are able to access homeownership and the wealth-building opportunities it offers. The homeownership rates for young adults and minority families have plummeted.
We are at a crossroads moment. We can either allow today’s crisis in housing to grow in scope and intensity or we can seize the opportunity to help transform a sector of our economy that is so critical to our nation’s future prosperity.
We invite you to attend the Housing America’s Families Forum in Detroit, Michigan on November 15, 2017. The forum will bring together leaders in real estate and finance, housing practitioners, and experts from across the country.
For more information please visit the J. Ronald Terwilliger Foundation for Housing America’s Families.
Dr. Ben Carson
Secretary of the Department of Housing and Urban Development