An Overview of Affordable Housing in the United States

Affordable housing in the U.S. is primarily driven by private sector initiatives within a decentralized system, with the public sector providing regulatory and financial support. Key programs like LIHTC, public housing, and inclusionary zoning play significant roles in housing affordability. While increasing the housing supply is essential, the brief also highlights challenges such as expiring subsidies and the need for innovative approaches like accessory dwelling units (ADUs) and relaxed zoning regulations. Policymakers must balance affordability requirements with incentives for new development to ensure a sustainable and inclusive housing market.