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On Wed., Sept. 1, the Biden Administration announced a cross-agency effort to address  the affordable housing shortage, implementing steps to achieve 100K new affordable homes over the next three years.

Here’s how the industry continues to respond:

“NAR applauds the administration’s new effort to address America’s housing supply crisis and to prevent the expansion of corporate landlords at the expense of homeownership,” said Oppler in a statement. “Distressed homeowners should have the opportunity to buy back their homes, but if not, other worthy homeowners should receive next priority. Affordable homeownership brings a magnitude of benefits to families, communities and our national economy, and now is the time to ensure we continue that support.