Ideas for Boosting Affordable Housing? HUD Wants to Know
WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) today published a Request for Information (RFI) seeking public comment on federal, state, local and tribal laws, regulations, land use requirement, and administrative practices that artificially increase the cost of affordable housing development.
“Owning a home is an essential component of the American Dream. It is imperative that we remove regulatory barriers that prevent that dream from becoming a reality,” says HUD Secretary Ben Carson. “Through this request, communities across the country will have the opportunity to identify roadblocks to affordable housing and work with state, federal and local leaders to remove them.”
HUD says it want information on:
- Specific HUD regulations, statutes, programs and practices that directly or indirectly restrict the supply of housing or increase the cost of housing
- Policy interventions, solutions or strategies to incentivize state and local governments to review their regulatory environment or aid them in streamlining, reducing or eliminating the negative impact of state and local laws, regulations and administrative practices
- Ways that state-level laws, practices and programs contribute to delays in the construction industry and specific laws, practices and programs that could be reviewed
- Common factors that underlie local governments’ adoption of laws, regulations and practices that raise the cost of housing development – and whether those factors vary geographically
- Peer-reviewed research and/or representative surveys that provide quantitative analyses on the impact of regulations on the cost of affordable housing development
- Performance measures, quantitative and/or qualitative, to consider in assessing the reduction of barriers nationally or regionally, and advantages and disadvantages of each measure
- Recommendations on how to best utilize HUD’s Regulatory Barriers Clearinghouse for States, local governments, researchers and policy analysts who are tracking reform activity across the country
Responses to the RFI must be submitted online.
© 2019 Florida Realtors®