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Housing Call: June 21, 2022

Unfortunately, we were unable to record today’s Housing Call. Please see today’s notes for the details of everything we discussed.

Federal updates

Discussions are picking up on a potential reconciliation package in Congress. Senate Majority Leader Chuck Schumer and Senator Joe Manchin met twice last week to discuss the package, while Senator Schumer and House Speaker Nancy Pelosi also met with President Biden on Wednesday. Senators are not sharing details publicly to avoid a breakdown in negotiations. However, it appears that talks are getting more specific, and Senator Schumer’s team has engaged the Senate parliamentarian to help prepare for a possible July or August vote.

Any bill put forward this summer would be significantly scaled back from last year’s Build Back Better Act. Priorities are on lowering drug costs, reducing the deficit, raising taxes on the wealthy and boosting energy sources.

State updates

Reports, events, resources

Recommended read

Housing Call: June 14, 2022

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