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Federal Government Awards $85 Million for Affordable Housing Construction

White House continues string of housing-related announcements.
Federal Government Awards $85 Million for Affordable Housing Construction
Vice President Kamala Harris speaks at South Carolina State University ahead of the South Carolina Democrats' primary election in Orangeburg, S.C., on Feb. 2, 2024. Madalina Vasiliu/The Epoch Times
Andrew Moran
Andrew Moran
6/26/2024|Updated: 6/26/2024
0:00

Vice President Kamala Harris and administration officials said on June 26 that they are awarding $85 million to 21 state and local governments as part of a new program to support the construction and preservation of affordable housing.

Funding will come from a Housing and Urban Development program created in the fiscal year 2023 appropriations bill.

Andrew Moran
Andrew Moran
Author
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."
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