U.S. Treasury Increases Flexibility to Use American Rescue Plan Funds for Affordable Housing Projects
July 28, 2022WASHINGTON—The U.S. Department of the Treasury announced on July 27 new guidance to increase the ability of state, local, and tribal governments to use American Rescue Plan funds to boost the supply of affordable housing in their communities. The new guidance follows a commitment in the administration’s recently released Housing Supply Action Plan to leverage…
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