Policymakers across the United States are searching for ways to ease the financial burden of housing expenses for local residents. In many places, housing costs have risen substantially faster than typical income growth in recent decades. A typical market response to rising prices is expanded supply, but new housing construction has often been slow to materialize and expensive when finished.

The United States is searching for different ways to ease the financial burden of housing for residents. It has been observed that in many places, housing costs have increased substantially faster than typical income growth in recent decades. There is a typical market response to rising prices is expanded supply but new housing construction has often been slow. A major motivation for expanding housing access in growing cities is to show that more Americans can live where economic growth is strong.