Trend

Expanding Government Housing Initiatives

Trend Universe Expanding Government Housing Initiatives
Recognizing the need for more housing, some cities, including New York City, have committed to increasing supply. Alex Potemkin/Getty Images.

About This Trend

Policy initiatives and funding led by local, state, and federal governments are increasingly being implemented as solutions to U.S. housing challenges. At the local level, New York City has announced plans to build 100,000 new homes over the next 15 years, providing significant support for its residents and workforce. Similarly, Los Angeles has approved the development of an additional 135,000 units in its downtown and Hollywood areas. In Hawaii, an executive order has been issued to ease certain laws, paving the way for the construction of thousands of homes for people across all income brackets. Other states, including Delaware, Utah, Arizona, and Rhode Island, are also actively addressing the housing crisis.

However, these state and local efforts, such as California's Senate Bill 406, aimed at simplifying the California Environmental Quality Act to fast-track affordable housing projects, and Minneapolis's comprehensive plan to boost affordable housing production, have faced opposition from environmental groups. At the federal level, the Biden administration's 2024 PRO Housing program provided $85 million in grant funding for zoning and land use reforms, removing barriers to housing production, and creating and preserving affordable housing units. This and similar measures show a concerted effort to lower housing costs and boost housing supply across the nation, though the future of these programs is uncertain.

Such policies and funding initiatives are vital for helping to increase the affordability and accessibility of homes. Planners should stay informed on the status of these initiatives and how they can support the communities they work in.

Trend Reports

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