Remove biden-proposes-fixes-housing-affordability
article thumbnail

What the Inflation Reduction Act Means for Home Builders

Pro Builder

16, 2022, President Biden signed into law the Inflation Reduction Act (IRA), a sweeping measure that seeks to address climate change, lower prescription drug prices, and reduce inflation. The IRA’s biggest flaw,” he adds, “is the lack of any money to alleviate the housing supply crisis.”. and drawbacks. Kyrsten Sinema (R-Ariz.)

NAHB 98
article thumbnail

Biden's First-Time Buyer Tax Credit Could Help Millions of Renters Reach Homeownership

Pro Builder

Biden's First-Time Buyer Tax Credit Could Help Millions of Renters Reach Homeownership. President Joe Biden’s proposed $15,000 tax credit for first-time buyers would make homeownership affordable for 9.3 Affordability, in Need of Savings. Affordability. cbroderick. Tue, 03/16/2021 - 08:44. Assuming a 3.5%

Metro 52