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Biden Administration Looks to Cap Rent Hikes

Appraisal Buzz

Federal agencies tapped to assist in the initiative include: The Bureau of Land Management (BLM) will create thousands of affordable housing units on BLM land in Nevada.

Landlords 435
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To spur affordable housing, the federal government is selling land for dirt cheap

Housing Wire

The arrangement, codified in a memorandum of understanding (MOU) signed by both departments, establishes an arrangement to sell federal lands to the state at a rate of $100 an acre, far below the land’s market value.

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Trump’s plan to build houses on federal land, explained

Housing Wire

“And builders are very profit motivated, and I’m not sure how much of federal land has market value.” In a related development, the Biden-Harris administration last month announced the sale of 20 acres of public lands, for just $100 per acre, to build affordable housing projects in southern Nevada.