Biden-Harris Housing Action Plan

This is a news story, published by The White House, that relates primarily to HUD news.

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government Housing Supply Action Plan

The White House

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FACT SHEET: Biden-Harris Administration Takes New Actions to Lower Housing Costs by Cutting Red Tape to Build More Housing | The White House

Summary

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87% Informative

Actions include reforms to save developers time and money on federal projects and funds to encourage state and local governments to reduce barriers to affordable housing.

The Biden-Harris Housing Plan would build over 2 million new homes to further increase supply and lower housing costs for Americans .

Building rental units and homes faster means lower costs for consumers.

HUD is launching a Legacy Challenge to encourage communities to use Section 108 to build housing.

Up to $250 million in loan financing will be made available through the Section 108 Loan Guarantee Program for adaptive reuse, commercial-to-residential conversions, rehabilitation of existing housing.

Manufactured housing provides an essential path to increasing overall housing supply and offers significant savings over site-built housing.

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formal

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English

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