Published 06/24/2024 3:17:08 p.m.

Biden administration unveils new steps to increase affordable housing

The Biden administration is taking new steps to increase access to affordable housing due to rising costs post-pandemic. Treasury Secretary Janet Yellen will promote these investments in Minneapolis.
$100 million will be provided over three years for affordable housing financing and enhancing the Federal Financing Bank's support.
Yellen emphasizes a significant housing supply shortage causing affordability issues. The administration aims to alleviate price pressures felt by families.

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The Independent

Yellen announces efforts to boost housing supply as high prices create crunch

The Biden administration is announcing new steps to increase access to affordable housing

06/24/2024 10:19:37 a.m.·London, United Kingdom

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Associated Press News

Yellen announces efforts to boost housing supply as high prices create crunch

The Biden administration is announcing new steps to increase access to affordable housing. It's announcing new federal initiatives as still-high prices on groceries and other necessities and high interest rates have dramatically pushed up the cost of living in the post-pandemic years.

06/24/2024 10:19:37 a.m.·United States

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abc News

Yellen announces efforts to boost housing supply as high prices create crunch

The Biden administration is announcing new steps to increase access to affordable housing

06/24/2024 10:19:37 a.m.·United States

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KRDO

Yellen announces efforts to boost the housing supply as high prices create a crunch

By FATIMA HUSSEIN Associated Press WASHINGTON (AP) — The Biden administration is announcing new steps to increase access to affordable housing. It’s announcing new federal initiatives as still-high prices on groceries and other necessities and high interest rates have dramatically pushed up the cost of living in the post-pandemic years. Treasury Secretary Janet Yellen is traveling to Minneapolis on Monday to promote the new investments. They inc…

06/24/2024 10:19:37 a.m.·Colorado Springs, United States

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CNBC

Janet Yellen announces $100M affordable housing fund as shelter costs weigh on Biden

Treasury Secretary Janet Yellen on Monday unveiled a new slate of financing initiatives to support housing development, including a $100 million fund specifically for affordable housing.

06/24/2024 2:51:44 p.m.·United States

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