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In April, the Biden administration submitted to Congress the president’s priorities for fiscal year 2022 discretionary spending. The request reveals the administration’s priorities with regard to affordable housing. Along with seeking a significant expansion of rental assistance, the request seeks to address the shortage of affordable housing with a $500 million increase to the HOME Investment Partnerships program, for a total of $1.9 billion, to construct and rehabilitate affordable rental housing, and to support other housing-related needs.
