NAC Blog: The White House’s Housing Supply Action Plan

Many of you might have heard about the Biden Administration’s Housing Supply Action Plan by now. I thought I would break it down so that we all know what to be excited about and what to be cautiously optimistic about. According to the plan, if implemented, the housing shortage will be filled in 5 years. Given that we are short about 5.5 million homes and demand will only continue to increase, that is definitely ambitious.