Housing
Aerial view of suburban American homes
America’s housing crisis has reached a tipping point. No longer limited to the coasts, cities and metropolitan areas across the country are experiencing a supply crunch, rising rents, and tough questions about housing attainability. To navigate the nation through this volatile and complex period, the Nowak Metro Finance Lab at Drexel University, in partnership with Accelerator for America, launched the National Housing Crisis Task Force (Addressing America’s Housing Crisis | National Housing Crisis Task Force) in July 2024, an ambitious, two-year project. The Task Force, co-chaired by Republican Governor Spencer Cox (UT), Democratic Mayors Andre Dickens (Atlanta) and Justin Bibb (Cleveland) and Fifth Third Bank executive Susan Thomas, is a bipartisan, multisectoral effort meant to address the most challenging components of the housing crisis today. The work of the National Housing Crisis Task Force builds off previous research conducted by the Nowak Metro Finance Lab into the changing nature of America’s housing market today.
Recent Publications
The State and Local Housing Action Plan, created with Accelerator for America through the National Housing Crisis Taskforce, shows how state and local governments are taking the lead in addressing the housing crisis through innovative tools in land, capital, construction, regulation, and governance. By coordinating efforts across sectors, communities can expand housing access and affordability—even without new federal support.
Atlanta’s $300 million housing initiative, launched in 2023, combines public, philanthropic, and private capital to expand affordable housing without relying solely on traditional subsidies. With support from the City and the Community Foundation for Greater Atlanta, it has already helped deliver over 6,600 affordable units through innovative financing tools and cross-sector collaboration.
Amid national dysfunction, cities like Atlanta are leading a quiet revolution in urban revitalization. The Atlanta Urban Development Corporation (AUDC) adapts European social housing models to drive mixed-income redevelopment with public ownership. Through flexible procurement, innovative financing, and cross-sector partnerships, AUDC is activating underused assets—like Fire Station 15—and demonstrating how local solutions can deliver equitable, sustainable growth.
View all of our Housing publications