Overview
- The 30–36 page plan, titled The Path Home, organizes proposals under four pillars: build more homes, clear the path, lower costs and expand assistance, and future‑proof homes.
- Gallego projects the package could produce or preserve 8.5 million homes over 10 years if enacted, positioning the plan as a federal–local partnership rather than a set of enacted laws.
- Supply measures include expanding the Low-Income Housing Tax Credit, creating tax credits for office‑to‑residential conversions, widening ADU financing, opening select federal land, modernizing FHA loan limits, and allowing more GSE equity in affordable projects.
- Regulatory reforms would certify 'pro‑housing' jurisdictions for grants and rebates while exposing chronic obstruction to funding consequences, streamline environmental reviews via HUD delegation and joint HUD–USDA reviews, and target limited NEPA exemptions for infill.
- Affordability and resilience steps feature an FHA down‑payment pilot at 0%–1% for qualified first‑time buyers, a special FHA product for teachers and first responders, a proposed refundable first‑time buyer tax credit up to $15,000, a crackdown on algorithmic rent‑setting and bulk investor purchases, reinstatement of BRIC, weatherization funding, and a home‑insurance tax deduction.
- Local leaders in Tucson and Flagstaff and Phoenix’s housing director publicly backed the plan, citing help for faster production, disaster readiness, and expanded homeownership.