Housing Affordability

Key Summary

We all have thought about the American Dream. The idea that each and every one of us can have a family, work a job that pays enough we can invest in our futures and still have plenty of time with our loved ones, own a house and maybe some land, have a car, and have an education was at one time not just prevalent in society but also feasible. And now because of inflation, recessions, a pandemic, and government negligence, that dream seems unattainable to most Americans. Housing in particular has skyrocketed. Project2030 advocates for the middle class, and the middle class concludes that buying a home is nearly impossible. Federal actions affecting the economy and dozens of states have passed laws that have added to the rising costs of homes. Project2030 is in favor of Federal law imposing regulations to keep states and corporations from jacking up market prices unreasonably.

Priorities of Housing Affordability Reform

  • Maintain existing property values.

  • Ensure that building markets remain private.

  • Utilize unused residential zones in metro areas.

  • Eliminate red tape laws while maintaining environmental and safety integrity and responsibility.

  • Protect middle class families from being exploited by renters, landlords, realtors, and corporations.

  • Assist homeless populations become financially stable and get housing.

A Population Unhoused

The United States has a housing shortage of over 4 million homes

-Reuters

The national median home cost is over $414,000

-AP News

For every 100 low-income renters, there are only 35 low-income houses

-National Alliance to End Homelessness

As of 2025, there are over 740,000 homeless people in the United States

-HUD

The average starter home requires an income of over $86,000 while the average American income is $62,000

-Census.gov

Millions of Americans spend over half of their income on housing

-Joint Center for Housing Studies

Since 2005, home prices have risen over 125%

-FHFA

What could be done?

  • Provide infrastructure grants to states that increase home production 8% annually.

  • Purchase vacant residential lots and build low-income housing through the Department of Housing & Urban Development.

  • Suspend tariffs on building materials.

  • Require home insurers to give discounts for verified mitigation upgrades.

  • Reform FEMA to improve response time to disasters.

  • Establish federal stockpiles in states to provide emergency building materials after disasters.

  • Tie federal housing grants to HOA reform.

  • Establish a national eviction hotline to help mediate eviction notices.

  • Establish interest free federal hardship loans for individuals losing their homes and receiving low-income.