The Affordable Housing Crisis Grows While Efforts to Increase Supply Fall  Short

The Affordable Housing Crisis Grows While Efforts to Increase Supply Fall Short

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Shortages of affordable housing are a long-standing challenge in the United States. High interest rates and low inventory are contributing to this issue, as is the growing number of millennials, who are looking for larger homes to raise families. For low-income Americans, the hunt for affordable housing can be especially tough. Increasing the supply of housing is one way to address shortages and provide more affordable options. Today’s WatchBlog post looks at our recent work on efforts to expand affordable housing options.

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U.S. GAO