Biden’s $213 billion plan to save affordable housing
President Joe Biden has just proposed one of the most significant investments in affordable housing in the nation’s history. Inside the far-reaching $2.25 trillion infrastructure plan is $213 billion to support affordable housing. The plan’s overview calls for the funding to “produce, preserve, and retrofit more than 2 million affordable and sustainable places to live.”
Fast Company • April 2, 2021
Housing Trust Fund doubles in size
The Housing Trust Fund was launched in 2008 as an affordable housing production program that complements existing federal, state, and local efforts to increase and preserve the supply of affordable housing for low- and extremely low-income households, including families experiencing homelessness. The nearly $700 million in funding that will be allocated will help produce more than 5,400 affordable homes.
Affordable Housing Finance • April 7, 2021
How local governments can combat the affordable housing crisis
There are many steps local governments can take to help combat our affordable housing crisis, starting with building a housing roadmap, dispelling negative stereotypes, and working collaboratively with developers. By finding a developer you can trust from start to finish, you can consistently bring new affordable housing options to your community that will only further stimulate your local economy.
American City and County • April 1, 2021
Could these bills help California build more affordable housing?
California housing is crowded, expensive, and difficult to find, but if these bills become law, some cities could look very different a decade from now. The bills break down into three categories: changes to zoning to allow more dense housing at affordable prices, creating exceptions to the state’s strict environmental review process to permit new and denser housing, and building affordable housing using bond money.
Sonoma West • March 23, 2021
Support grows for NY bill to convert distressed commercial properties into affordable housing
A proposal to convert financially strapped hotels and other commercial properties into permanently affordable housing has been included in the State Senate's one-house budget proposal and is garnering support from a broad group of interested parties while new federal stimulus money is being eyed to fund the proposal.
Gotham Gazette • March 24, 2021