#housing-production

#housing-production

Communities of color bear the burden of affordable housing construction, while low-density districts lag in production.

The housing industry is concerned about how Harris will approach housing issues post-election, especially regarding recent controversial proposals from the Biden campaign.

The Biden administration announced initiatives to increase funding for housing production and address affordability challenges.

The administration aims to build and preserve over 2 million homes by expanding the LIHTC program and other funding sources.

Federal, state, and local governments will play crucial roles in ensuring affordable and safe housing for Americans.

Initiatives include allocating $100 million to finance affordable housing, providing interest rate predictability, and urging increased support from Federal Home Loan Banks for new construction.

Cities in Santa Clara County struggle to meet state housing goals, especially in affordable housing.

San Jose and other cities are far behind in building enough homes, facing significant challenges to catch up.