U.S. Launches Initiative to Develop Affordable Housing on Federal Lands
HUD and Interior announce task force to identify underutilized federal properties, aiming to address the nation's 7 million affordable home shortfall.
- HUD Secretary Scott Turner and Interior Secretary Doug Burgum announced the creation of the Joint Task Force on Federal Land for Housing to address the housing affordability crisis.
- The initiative will inventory underutilized federal lands, streamline regulatory processes, and transfer properties to state and local governments for residential development.
- The plan prioritizes affordability, ensuring new housing developments remain accessible to low- and middle-income families.
- The Department of the Interior oversees over 500 million acres of federal land, much of which is concentrated in areas facing severe housing shortages.
- This bipartisan effort builds on previous initiatives, including President Biden’s 2024 affordable housing program, and reflects growing public concern over housing costs.