_biden-calls-for-housing-affordability-solutions-in-state-of-the-union-address.jpg "Biden Calls for Housing Affordability Solutions in State of the Union Address from rency milanonikki bali Video Screenshot Preview")
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⏲ Duration: 0:33
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✓ Published: 09-Mar-2024
👁 View: 350K times
✓ Published: 09-Mar-2024
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President Biden highlighted plans to help Americans with housing affordability challenges like high rents and mortgage rates in his State of the Union address. He called on Congress to pass a tax credit of $400/month for two years for first-time homebuyers to reduce their mortgage rates by over 1.5 percentage points. Biden also wants to build and renovate over 2 million affordable homes through legislation to increase the housing supply and bring down sky-high rents. A White House \
President Biden highlighted plans to help Americans with housing affordability challenges like high rents and mortgage rates in his State of the Union address. He called on Congress to pass a tax credit of $400/month for two years for first-time homebuyers to reduce their mortgage rates by over 1.5 percentage points. Biden also wants to build and renovate over 2 million affordable homes through legislation to increase the housing supply and bring down sky-high rents. A White House \
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