
Henrico Citizen Audio Articles
Audio versions of articles from the Henrico Citizen.
Henrico Citizen Audio Articles
A look at how federal plans could make the costs of housing more affordable
As renters and would-be homeowners struggle with the high cost of housing, the Biden administration has announced policies to address this strain on household budgets. That includes 0 million in funding for a program to incentivize affordable housing production and streamlining loan application processes to expedite building more housing. Some of those proposals — such as a cap on rent increases from corporate landlords — call for Congressional action, while others are rules and grants that can be done without legislative approval. The U.S. Department of Housing and Urban Development will also be finalizing a rule to allow different kinds...