CRL Image Hands Holding House Keys
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As housing costs go up, HUD proposes 51 percent budget cut Creation of state block grants would end key programs
According to the National Association of Home Builders, nearly 75 percent of families – 100.6 million households – cannot afford a median priced new home in 2025. With a price tag of $459,826 and an accompanying 30-year mortgage rate of about 6.5 percent, it’s no surprise that both families and government are challenged like never before when it comes to securing affordable housing.
