President Biden and Vice President Harris have put building more homes at the center of their economic agenda. After decades of under-investment in housing, more units are under construction than at any time in the last 50 years and the rate of new housing is up 17 percent. This week, the Biden-Harris Administration announced new actions to cut red tape and build more housing.
The Vice President said on Instagram “Every American deserves affordable housing. Today, our Administration announced $100 million to help state and local governments cut red tape and build affordable homes across our nation. @POTUS and I will continue fighting to help more Americans afford their rent and buy a home.”
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