Housing EconomyNewsletter

Pennsylvania unveils plan to be the most affordable state to build in

Pennsylvania Gov. Josh Shapiro says the state needs to update its laws and invest in housing production. He introduced a strategy, ‘The Pennsylvania Housing Action Plan’ with a goal to address the growing gap between housing supply and demand. Builders in the state are aware of the aging housing stock, with over half of all homes are more than 5o years old. The first-ever long term housing strategy plan aims to build 450,000 new units by 2035.

The action plan is centered around five goals: increasing housing production, support first-time homebuyers, strengthen fair housing enforcement, modernizing permitting and zoning processes and improve interagency coordination to ease navigation. The action plan must be approved by the state legislature in the upcoming budget.

“I know this is an ambitious plan, but I think we’ve proven we can do big things in Pennsylvania,” said Shapiro. 

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