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WASHINGTON, March 5 (Reuters) – The U. S. Treasury Department on Tuesday announced new measures to breathe life into the affordable housing pipeline by releasing the unspent COVID-19 relief budget to state and local governments for a broader diversity of housing projects.
These projects are part of an initiative by the Biden administration to address a key economic challenge facing Americans: homelessness. This, in turn, contributes to inflation and negative voter sentiment toward President Joe Biden’s handling of the economy. David Lawder)