What the White House Means When It Says Housing Is Infrastructure
The Biden administration wants to spend $318 billion on housing in the American Jobs Plan. Here are the full details.
Marcia Fudge, U.S. secretary of Housing And Urban Development (HUD), will discuss plans to spend $318 billion on housing in the American Jobs Act Wednesday.
Photographer: Oliver Contreras/The Washington PostHousing Secretary Marcia L. Fudge is making a stop on Wednesday morning at 18th and Vine, the intersection at the heart of Kansas City’s historic Jazz District. Backed by Missouri leaders, she’ll deliver remarks on a theme that she’s been repeating since her confirmation, in speeches, during testimony and over social media: “Housing is infrastructure.”
For the first time, Fudge will explain in detail the theory behind the refrain. On Wednesday, the White House is releasing its full plans for a surge in new housing spending as part of the American Jobs Plan. The proposal would invest $318 billion, including $105 billion in tax credits not previously disclosed, according to new details shared with Bloomberg CityLab. The goal is to expand the supply of safe, affordable housing across the country, creating thousands of jobs along the way.