Biden administration takes steps to increase affordable housing supply and protect renters

The administration is providing funding and incentives to reduce zoning restrictions that limit housing construction.
Financing is being expanded for affordable, energy efficient, and resilient housing projects.
Programs aim to convert commercial properties into residential units and repair existing affordable housing.
New efforts will streamline and reduce rental application costs and fees for renters.
Historic investments in housing aim to lower costs, increase supply, promote homeownership opportunities, and advance fair housing.