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On July 27, the White House's Domestic Policy Council (DPC) announced the launch of two federal “alignment pilot” programs in a total of 10 states to better serve low-income families who rent, while reducing the regulatory burden on affordable housing owners.
Background
For owners and developers, federal funds often make up a significant share of a site's financing structure. But owners and developers can be burdened by overlapping administrative requirements associated with those federal affordable housing programs.
