A look at how federal plans could make the costs of housing more affordable

As renters and would-be homeowners struggle with the high cost of housing, the Biden administration has announced policies to address this strain on household budgets.That includes $100 million in funding for a program to incentivize affordable housing production and streamlining loan application processes to expedite building more housing.Some of those proposals — such as a cap on rent increases from corporate landlords — call for Congressional action, while others are rules and grants that can be done without legislative approval.