Biden spends final days in office tackling another important crisis

In one of his final moves in office, President Joe Biden is aiming to eliminate some bureaucratic hurdles that have historically forced homeowners and renters into expensive mortgages and sky-high rental rates.

On Tuesday, the Biden administration unveiled a $100 million grant program from the Department of Housing and Urban Development aimed at helping local communities identify and remove barriers to the production and preservation of affordable housing.

“The United States faces a shortfall of millions of affordable homes that has driven up home prices and rents and has made finding a quality and affordable home out of reach for too many Americans,” the White House statement said.

The grant will remove red tape and modernize local permitting procedures to facilitate the construction of new housing, finance the construction of new homes for renting and owning, and repair and revitalize existing buildings. New plans will be developed across 14 states, including in the cities of San Francisco, California; Austin, Texas; Cincinnati, Ohio; Portland, Oregon; and St. Louis, Missouri.

https://www.dailykos.com/stories/2025/1/15/2296959/-Biden-spends-final-days-in-office-easing-the-housing-crisis