The White House is taking steps aimed at increasing the the supply of affordable housing while also bolstering protections for renters.
is taking steps aimed at increasing the the supply of affordable housing while also bolstering protections for renters.
“HUD recognizes that communities have unique housing challenges and that’s why the resources announced today are not one-size-fits-all,” HUD Secretary Marcia Fudge said in a statement. “Today, we are acting to increase the supply of affordable housing, which is crucial to lowering housing costs. We look forward to continuing this work in partnership with local communities.
Diane Yentel, president and CEO of the National Low Income Housing Coalition, welcomed the news but said more needed to be done. Measures aimed at helping renters include a requirement that landlords notify public housing tenants 30 days before a lease termination due to nonpayment of rent as well as $10 million for tenant education and outreach.
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