WASHINGTON DC – Today, the White House released its plan to increase the affordable housing supply in the US. The administration is aiming to stabilize families that are at risk of losing their homes, due to the economic impact of the pandemic.

Congress is currently working toward passing the Build Back Better Agenda, which includes an investment in building new homes and making existing housing safer, healthier and more energy efficient. In addition to the Build Back Better Agenda, President Biden has announced immediate steps to increase affordable housing supply and to make supply available to families in need of affordable, quality housing.

The plan aims to create, preserve and sell nearly 100,000 additional affordable homes to homeowners and non-profits over the next three years.

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Ingrid Tunberg

Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.