Affordable housing is stuck in limbo thanks to a 'Made in USA' law that nobody can figure out how to follow | Fortune
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Affordable housing is stuck in limbo thanks to a 'Made in USA' law that nobody can figure out how to follow | Fortune
""They need to be treating this like the fire that it is," said Tyler Norod, president of Westbrook Development Corporation, which builds affordable housing in Maine."
""I'm just trying to keep a roof over my head, but it's getting more and more difficult," Lene said. "I don't like to live in fear, and yet sometimes it jumps in there.""
The Build America, Buy America law aims to revive U.S. manufacturing but has created significant challenges for affordable housing developers. Many essential products for these projects must be sourced domestically, yet many are still imported due to lower costs. The waiver process for non-compliance has stalled, leading to construction delays and increased expenses amid a housing crisis. Individuals like Diana Lene face financial strain while waiting for affordable housing, highlighting the urgent need for solutions to the ongoing crisis.
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