The Silver Lining in Biden’s Massive Housing Plan
A Democratic White House and a Republican Senate might be the best of all worlds when it comes to federal housing policy. We can expect the return of heavy-handed regulations under Joe Biden’s presidency, but his worst, most expensive ideas involving increased federal funding likely won’t make it through Congress. Meanwhile, the president-elect could lend crucial support to efforts to nudge local and state governments into zoning deregulation.
On the spending side, Biden has pledged to plow $640 billion over 10 years into new and existing housing programs, including a new $100 billion Affordable Housing Fund to finance low-income housing and energy-efficient upgrades. Biden also wants to fully fund the Section 8 Housing Choice Voucher program so that all renters who qualify for it receive a voucher, and he wants to devote $10 bil
Article from Latest – Reason.com