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With Joe Biden set to become the 46th President in January, there’s plenty of talk about how his policies will impact housing. This is especially important as the red hot housing market becomes less affordable for both owners and renters, and builders are unable to fill the inventory gap.

Biden’s plan includes a $15,000 tax credit for first-time homebuyers, expansion of the Section 8 voucher program, and billions of dollars for new construction, renovations, and energy retrofits.

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