Likely changes in housing policy under the next administration - Post 5/5: AFFH, Housing Supply, Zoning, Anti-Nimbyism etc. 1. You can be near certain that the Biden Administration's Proposed (February 2023) Affirmatively Furthering Fair Housing Rule (AFFH) will be suspended and cancelled. On Day One. 2. P25 proposes eliminating the Housing Supply Plan and Housing Supply Fund. 3. There is some debate as to whether the anti-anti-Nimby wording in Project 25 from Dr. Ben Carson actually represents the views of the administration? Quoting directly from the P25 document: "...local autonomy and the ability of cities, towns, neighborhoods, and communities to choose for themselves the sort of housing they want to allow." (p. 511). "It is essential that legislation provides states and localities maximal flexibility to pursue locally designed policies and minimize the likelihood of federal preemption of local land use and zoning decisions." (p. 511) 4. Emphasis on preserving single-family-only zoning.
Thanks for doing this Kurt, as depressing as it is.
President, Cinnaire Lending and EVP, Cinnaire Corporation (Milwaukee/Chicago)
2moThis is very discouraging but very helpful, thank you.