White House Announces New Action Plan to Boost Housing Supply

The White House released today a comprehensive plan for combatting one of the major causes of inflation: the rising cost of rent and the severe shortage of homes affordable and available to America’s lowest-income and most marginalized households. The “Housing Supply Action Plan” includes a series of measures designed to increase the supply of housing over the next five years, including (1) using federal transportation funds to incentivize jurisdictions to reduce restrictive local zoning laws; (2) supporting manufactured housing, accessory dwelling units, and small-scale developments; and (3) streamlining federal financing and funding sources to help lower costs and speed development. Read the White House press release announcing the new plan here and a statement released by NLIHC in response to the plan here.

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