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January 20, 2022
San Francisco could lose out on hundreds of millions of dollars for rental aid and affordable housing construction with the expected collapse of the Build Back Better social spending and infrastructure bill. The White House touted the $1.75 trillion spending package as having the “single largest and most comprehensive investment in affordable housing in history,” with $150 billion in housing assistance for low-income tenants. Sen. Joe Manchin, the West Virginia Democrat, derailed the bill by refusing to provide the key…
May 17, 2022
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…