The Biden administration on Friday announced what it described as “new steps” in its “housing supply action plan” that was outlined in May. The steps include “finalizing regulations that make it easier to build mixed-income housing, housing that includes very-low-income tenants, and housing in sparsely populated rural areas by reforming the income guidelines for the main source of financing for affordable housing — Low-Income Housing Tax Credits (LIHTCs),” the White House said in a statement. Other steps are extending LIHTC deadlines and reforming a financing program at Fannie Mae FNMA,
US Tech forecast: the index hit a new all-time high
The US Tech index continues its long growth streak and has reached a new all-time high. The US Tech forecast for next week is positive.