Housing and Infrastructure

Housing and infrastructure form the backbone of American life. Federal investments support affordable housing, transportation, utilities, and broadband, addressing shortages of over 5.5 million units that undermine economic growth.

Federal Housing Support

Public housing provides 1.2 million units for over 2.2 million people, including many elderly and disabled residents[1]. Programs like the Low-Income Housing Tax Credit (LIHTC) expand affordable rentals, with recent expansions increasing allocations and lowering financing requirements[3]. The Biden-Harris plan proposed $213 billion, including funds for public housing modernization and 1.5 million new affordable homes[4]. Tax credits and grants incentivize construction in underserved areas[6].

Infrastructure Investment

The Infrastructure Investment and Jobs Act funds roads, bridges, water systems, and transit to enable housing expansion, though inflation erodes its impact[2]. Investments prioritize high-growth areas, workforce training, and permitting reforms to boost supply[2][5]. Capital markets finance these critical assets for economic growth[8].

Regulatory Reforms

Reducing barriers like slow permitting and zoning restrictions is key to affordability[5]. Incentives reward reforms linking infrastructure to housing, including grants for density impacts on roads, transit, and sewers[6]. Public-private partnerships, such as Rental Assistance Demonstration, have converted over 60,000 units[1].