Biden Allocating Funds for Affordable Housing
With strict zoning laws in place, local governments are making it difficult to find a solution for the affordable housing crisis. The Biden administration is proposing the federal government allot more funds and offer grants to cities that pass denser zoning laws.
According to Quartz, while Biden is not the first president to propose this kind of incentive, his plan would allocate the largest amount of federal funds to encourage denser zoning. The denser housing not only fits more homes into the same space, but by pairing transportation funding with affordable housing requirements, the government ensures that the new transit lines would be built for the people who would most use them.
