The Center Square YT: $460 Billion in Housing Programs Failed to Improve Affordability

A report from Open the Books reveals that $460 billion in federal spending on affordable housing between 2015 and 2024 has had a statistically insignificant impact on the housing affordability gap. In 49 out of 50 states, the average person would need to save for over a decade to afford a home, highlighting a systemic failure in federal housing programs to make homeownership accessible.