"Housing Supply Action Plan is a step in the right direction"

Via Ed Cafasso: 

"The Biden Administration’s Housing Supply Action Plan is an important step toward increasing the affordable housing supply, especially changes to the Low Income Housing Tax Credit program and to HUD financing. Can it get done in mid-term election season?"

https://twitter.com/edcafasso/status/1526999699248529411 

"Multifamily and financing industry officials said President Joe Biden’s newly released 13-page Housing Supply Action Plan is a step in the right direction to increase the affordable housing supply but questioned how much could be accomplished—particularly changes to the popular Low Income Housing Tax Credit program—without legislative action this year as the mid-term election season heats up."

Continue reading the article assessing the plan

https://www.multihousingnews.com/how-biden-administrations-housing-action-plan-impacts-multifamily/ 

Find the White House Housing Supply Action Plan online:

https://www.whitehouse.gov/briefing-room/statements-releases/2022/05/16/president-biden-announces-new-actions-to-ease-the-burden-of-housing-costs/