US is short about 1-5M housing units and the surge in multifamily construction is ebbing. 

Solution: create a secondary market for construction loans to increase liquidity in the construction finance market. 

This would allow developers to leverage up their capital and build more affordable housing units.

US is short about 1-5M housing units and the surge in multifamily construction is ebbing. 

Solution: create a secondary market for construction loans to increase liquidity in the construction finance market. 

This would allow developers to leverage up their capital and build more affordable housing units.

https://omny.fm/shows/odd-lots/a-former-treasury-officials-radical-plan-to-create

law student ranting about urbanism, politics, and other stuff

The entire budget of HUD for housing/urban renewal is a minuscule $4B. We can do so much more. 

As Jim says, housing affordability is a major factor in the stability of our civil society.

I don’t see how the market will fundamentally lack liquidity. Isn’t the whole point of this that the government increases liquidity by providing these loans?

new methods of financing construction are a GOOD IDEA, but the core problem is that construction as a business is high risk, low reward as a result of high project to project variance and a cutthroat bidding prices that drives margins extremely low

which means your idea fundamentally will lack liquidity in a market full of investors maximizing investment return

that's why financing is such major bottleneck to the industry, especially now with higher rates