May 17, 2022

Mercury News: Biden administration has plan to boost affordable housing

The Biden administration is announcing an action plan Monday aimed at boosting the supply of affordable housing amid high inflation. Taken together, administration officials said, the actions announced will help close the affordable housing gap and “ease the burden of housing costs,” noting that housing prices are a key driver of inflation. Amie Fishman, executive director of the Non-Profit Housing Association of Northern California, said the president’s announcement are welcome news for the state and Bay Area. “Taking bold administrative…