U.S. News

Federal Reserve Bank of Minneapolis: “States reform regulations to support more housing production”

November 16, 2023
Federal Reserve Bank of Minneapolis: “States reform regulations to support more housing production”

In recent years, many states have enacted reforms to boost housing construction. By doing so, these states hope to address the growing housing affordability crisis. Reforms have included measures to allow a wider variety of housing types in more neighborhoods, measures that have made it legal, for example, to build duplexes, triplexes, and other multifamily buildings in single-family areas. Other state-level reforms have streamlined local permitting processes and eliminated costly regulations, such as parking mandates for residential development. – Federal Reserve Bank of Minneapolis

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