By: Yvette Fernandez
Amidst rising rent costs and growing concerns about affordable housing, the Biden administration is taking action by allocating over $300 million to support states and local communities. This funding aims to improve low-income housing, provide legal assistance for those facing eviction, and offer down payment help for first-time homebuyers. Despite some opposition, these initiatives, including rent caps and federal land transfers for housing development, are part of a broader effort to make housing more accessible and address the housing affordability crisis.
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