(Read more on the multifamily market.)

WASHINGTON, DC-Call it coincidence or political zeitgeist. Either way it is increasingly clear that a momentum is building in Congress and other policy circles in support of affordable housing goals. However when viewed in a longer term context, the advancements that have been made over the last several decades best serve to illustrate how much more needs to be done, advocates say.

July 22 is the 20th anniversary of passage of the McKinney-Vento Homeless Assistance Act. Sheila Crowley, president of the National Low Income Housing Coalition, tells GlobeSt.com that the anniversary is a bittersweet one. “It has been 20 years since that bill has been passed. Although McKinney funds have helped a great number of people they haven’t changed the structural problems that create homeless–a lack of affordable housing.”

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