Administration Announces Updates for Housing Supply and Multifamily Housing

The White House released two announcements last week, outlining actions to boost the housing supply, and offering guidance for multifamily properties. These announcements are follow-up items to the President’s Housing Supply Action Plan and Blueprint for a Tenant’s Bill of Rights, respectively.
Specifically, the announcements detail the following new items:
Housing Supply:
Multifamily Housing:
NAR supports the Administration’s efforts to increase the affordable housing supply and will continue to work with the White House and Congress to ensure that mom and pop housing providers continue to play a critical role in communities across the country. Similar to the White House’s announcement in the weeks prior, there are no new mandatory policy changes for housing providers.

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