Biden Housing Plan to Cut Red Tape for Land Use & Zoning

The Federal government announced a plan to make it easier for builders to get new housing on the market. It's part of the Biden administration's Housing Supply Action Plan. This program, announced on July 27th, would reduce land use and zoning restrictions, increase financing for affordable energy efficient housing, and promote the conversion of under-used commercial space into homes. Hi, I'm Kathy Fettke and this is Real Estate News for Investors. If you like our podcast, please subscribe and leave us a review. The housing crisis is the result of an oversized demand for housing, a limited supply of affordable homes, and a whole lot of rules and regulations that make it difficult to build more homes. Each city and municipality has zoning rules and land use policies that lean toward low-density housing, like single-family detached homes... If you want to learn more about how you can use real estate to build wealth, hit the join for free button on our website. And please remember to hit the subscribe button, and leave a review! Links: 1 - https://www.bisnow.com/national/news/affordable-housing/biden-administration-rolls-out-plan-to-cut-zoning-and-land-use-red-tape-120000 2 - https://www.whitehouse.gov/briefing-room/statements-releases/2023/07/27/biden-harris-administration-announces-actions-to-lower-housing-costs-and-boost-supply/ 3 - https://www.whitehouse.gov/briefing-room/statements-releases/2023/01/25/fact-sheet-biden-harris-administration-announces-new-actions-to-protect-renters-and-promote-rental-affordability/ 4 - https://www.zillowgroup.com/news/a-rental-market-that-works-for-everyone/