May 19, 2022

By: Monica Hogan, Inside Mortgage Finance

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The mortgage and housing industries largely endorsed an ambitious White House action plan to close the housing supply gap in five years, but some worry it relies too heavily on congressional support.

The Biden administration this week proposed incentivizing local zoning and land-use reforms, aligning federal policies to lessen regulatory burdens and expanding funding for manufactured housing, accessory dwelling units, affordable multifamily housing and rehabilitation programs.