Kamala Harris’ housing boost is overdue. Harris wants 3 million new homes in four years, on top of what homebuilders were already planning. That’s a punchy target: developers completed just 1.5 million units in 2023. Her campaign aims to encourage what it calls “innovative” approaches to affordable housing, like providing grants and loans to local developers and non-profit organizations. The plan leans heavily on zoning reforms and employs language about cutting red tape. 🇺🇸
https://www.reuters.com/breakingviews/kamala-harris-welcome-housing-boost-is-overdue-2024-08-21/