On Tuesday, President Trump signed an executive order to establish the White House Council on Eliminating Barriers to Affordable Housing Development. The new council, chaired by Department of Housing and Urban Development Secretary Ben Carson, will “address, reduce, and remove the multitude of overly burdensome regulatory barriers that artificially raise the cost of housing development and help to cause the lack of housing supply.”
In other words: The administration wants to loosen restrictive zoning and building regulations, increase the supply of housing, and bring housing costs down.
