Posted 2/29/2024, 10:00:00 AM
Biden Unveils Sweeping Affordable Housing Plan to Boost Supply, Aid Renters and Manufactured Home Residents
- Bolstering federal affordable housing programs like the Federal Financing Bank Risk Sharing program, the HOME Investment Partnerships Program, and housing for low-income seniors
- Boosting supply and affordability of manufactured homes through new grant funding, financing options, and increased loan limits
- Promoting fairer, more transparent rental markets by clarifying banned fees, ensuring tenants' rights, providing eviction resources, and detailing renters' screening rights
- Unlocking affordable housing tax credits for disaster-affected areas
- Releasing first-ever federal grant funding specifically for investments in manufactured housing communities