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Neighborhood Homes Investment Act

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US Congress on Capitol Hill, Washington, D.C. The housing portion of the Build Back Better plan likely won't happen.

What Happened to Those Build Back Better Housing Investments?

Build Back Better would have made huge new investments in housing. But most of what it promised isn’t going to happen. Would any housing plan have a chance of making it through Congress?

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Housing

Is a Subsidy for Single-Family Homes in Distressed Areas Closer to Becoming Reality?

The Neighborhood Homes Investment Act, which is targeted for census tracts with lower home prices, lower resident incomes, and elevated rates of poverty, is gaining bipartisan support.

Home by Hand Inc. builds homes on vacant lots for moderate-income homebuyers, who contribute sweat equity and are often joined by volunteers.
Housing

Single-Family Subsidies Are Needed Outside Hot Markets

There isn’t a tax credit program available to spur investment in single-family residential neighborhoods, but an alliance of national real estate, housing, community development, lending, and construction organizations is working to change that.