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Economists in the Biden administration are taking aim at what they believe to be one of the most significant challenges facing the president’s re-election campaign: lack of federal action on housing costs.

A recently released study from the New York City Department of Housing Preservation and Development confirms that the demand for housing in the city is outpacing supply and, as a result, rents are climbing.

Attorneys Christopher Cunio and Aidan Gross argue that Massachusetts’ contentious MBTA Communities Act – intended to encourage housing near public transit statewide – represents a milestone in tackling the state’s housing crisis but requires “teeth,” i.e., better enforcement mechanisms.

An amended version of HB 5390, a bill that would encourage housing development near public transit hubs, passed the House Planning and Development Committee last week.

Maryland Governor Wes Moore and his Housing & Community Development Secretary Jake Day make the case in this op-ed that housing affordability should be the top concern for Maryland policymakers.

New York state senators are set to propose a legislation package this week encouraging new housing development, reviving past initiatives for affordable housing construction and establishing a new public benefit corporation to finance housing projects on state-owned land.

Marcia Fudge, Secretary of Housing and Urban Development, will step down on March 22nd after three years.

As many states struggle with housing affordability, some lawmakers are again proposing new or expanded rent control regulations… and it’s backfiring.