Fudge highlighted the plan at an affordable housing development under construction. She was joined by Sen. Sherrod Brown (D-Ohio), Rep. Joyce Beatty (D-Ohio) and Columbus Mayor Andrew Ginther.
“The Housing Supply Action Plan is the latest step HUD, and the Biden-Harris administration are taking to expand our nation’s supply of affordable housing,” Fudge said in a release. “This plan will ease costs for families across the country and give communities the tools they need to make more affordable housing available to residents.”
The plan builds on steps the administration announced in September to build and rehabilitate 100,000 homes over the next three years. Jurisdictions will be rewarded for having reformed zoning and land-use policies; deploying new financing mechanisms to build and preserve more housing where financing gaps currently exist; expanding and improving existing forms of federal financing; ensuring more government-owned supply of homes and other housing goes to owners who will live in them, and working with private sector to address supply chain challenges and finish construction in 2022 on the most new homes in any years since 2006.
HUD said it will play a central role in carrying out these actions, including through the following immediate next steps:
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