Building Better Cities and Scaling Housing Solutions
A robust housing supply remains a vital component of any government strategy that aims to invest in human capital, promote economic development, and provide social mobility. Yet, more than 10 years after the great recession, many Americans still face myriad daunting financial burdens when trying to access housing, especially in the nation's big cities and metro areas. Rising rents—coupled with lack of supply supported by restrictive zoning policies—often not only force burdensome commutes or relocation anxieties on many people, but continue to strain overall economic mobility and productivity. What can state leaders do to incentivize more housing development at the local level and how do we widen the capital pool for affordable housing projects?