Biden's new stimulus bill includes $5 billion for homeless crisis
Summary
Marcia L. Fudge, the Secretary of Housing and Urban Development (HUD) within the Biden administration, revealed that the agency will allocate $5 billion in grants to state governments to use for rental assistance as part of a larger bid to reduce homelessness in the U.S.
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Yahoo News
Biden seeks to ease housing shortage with $5 billion 'carrot, no stick' approach
President Joe Biden is seeking to ease a national affordable housing shortage by pushing local governments to allow apartment buildings in neighborhoods that are currently restricted to single-family homes. The $5 billion plan could inject the White House into a debate pitting older homeowners against younger workers seeking to gain a foothold in the most expensive U.S. cities, where many families spend a third or more of their income on housin…
HUD unveils $5 billion in grants to target homelessness
Housing and Urban Development Secretary Marcia Fudge on Thursday announced that nearly $5 billion from last month's COVID-19 relief package will go to states and local governments to battle homelessness.