Yes, thank you. You're absolutely correct to point this out as a problem. We can't just build our way out of this. We need to stop the loss of existing affordable units that may not be owned by a non-profit. I'm looking at different options right now on how to address this problem. I don't have an announcement to make at committee today, but I'm trying to determine the best way that the federal government can use its tools to prevent the loss of affordable housing stock by creating a more level playing field, in particular for non-profit actors.
On December 11th, 2023. See this statement in context.