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The Biden administration has announced the creation of a new $100-million fund aimed at boosting affordable housing across the United States. This initiative is part of a larger package of financing efforts designed to support housing development and address the ongoing housing crisis.
Treasury Secretary Janet Yellen unveiled the fund during a meeting with housing officials in Minnesota, highlighting the administration's commitment to tackling housing affordability and inflation issues. This announcement forms a key component of President Biden's broader economic agenda, which aims to provide financial relief. . .
