White House unveils plan to produce 100,000 affordable homes


The White House announced plans Wednesday to make available nearly 100,000 affordable homes over the next three years, in an effort to tackle a housing supply shortage that has contributed to skyrocketing home prices.

The new policies would limit the sale of the new homes to individuals and nonprofits rather than investors who bought one of every six homes sold in the second quarter, according to the White House. The plans — designed to boost construction in urban and

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