Federal agency announces Idaho will be part of new effort to build more affordable housing
The regional branch of the US Housing and Urban Development Agency that includes Alaska, Idaho, Oregon and Washington announced a new effort to boost housing supply in the four states through a national initiative called Our way homeaccording to a press release.
HUD will host panel discussions and listening sessions in the coming months, as well as peer learning opportunities to connect cities, counties, tribal communities, and state governments with the tools and resources needed. to build more affordable housing. The initiative will also be an opportunity for the agency to gather feedback and ideas for improving its existing programs, according to the release.
President Joe Biden announced a national plan to increase affordable housing developments in late May, with a list of more than a dozen actions the administration intends to take over the next five years. The list includes expanding and improving existing forms of federal funding such as the low-income housing tax credit, working with the private sector to address supply chain issues, and improved construction techniques; and the introduction of a new grant program to help remove barriers to development, including permission for prefabricated housing communities. Thanks to the American Rescue Plan Act, communities across the country now have access to $5 billion in HOME grants.
Regional Housing and Urban Development Administrator Margaret Solle Salazar publicly announced the initiative Wednesday in Boise with Mayor Lauren McLean and Idaho Housing and Finance Association President Gerald Hunter. She applauded the state of Idaho’s creation of the Workforce Housing Trust Fund and the city of Boise’s housing efforts, according to the statement.
As part of the Our Way Home initiative, HUD will continue to increase community wins and learn from communities that are building and preserving affordable homes. The Department will engage communities in discussions on housing supply policies and resources over the coming months.
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